As part of the Paycheck Protection Program MEMPHIS SCHOLARS, LLC 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 SCHOLARS, LLC


Loan Amount	$895,105
BusinessName	MEMPHIS SCHOLARS, LLC
Address	90 OLIVE AVE
City	MEMPHIS
State	TN
Zip	38106
NAICSCode	611110
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	71
DateApproved	08/05/2020
Lender	First Horizon Bank
CD	TN-09
BusinessName.clean	MEMPHIS SCHOLARS

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 UNIVERSITY SCHOOL
MEMPHIS ZOO
MEN OF STEEL ENTERPRISES
MEN WOMEN NY MODEL MANAGEMENT
MENA HOSPITAL COMMISSION