As part of the Paycheck Protection Program MEMPHIS BUSINESS ACADEMY was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

MEMPHIS BUSINESS ACADEMY


Loan Amount	$2,309,200
BusinessName	MEMPHIS BUSINESS ACADEMY
Address	2450 Frayser Blvd
City	Memphis
State	TN
Zip	38127
NAICSCode	611110
BusinessType	Non-Profit Organization
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit	Y
JobsReported	193
DateApproved	04/27/2020
Lender	Hope Enterprise Corporation
CD	TN-09
BusinessName.clean	MEMPHIS BUSINESS ACADEMY

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

MEMPHIS CHILDRENS CLINIC P
MEMPHIS COMMUNICATIONS
MEMPHIS DERMATOLOGY CLINIC PA
MEMPHIS FOODS
MEMPHIS FOODS