PROMISE DEVELOPMENT CORPORATION

Summary of PPP (Paycheck Protection Program) Loan approved to PROMISE DEVELOPMENT CORPORATION by BancorpSouth Bank. The loan was approved on 4/14/2020 in the range of $150,000-350,000.

Business Information

Name:

PROMISE DEVELOPMENT CORPORATION

262 CHELSEA AVE
MEMPHIS, TN 38107
Business type: Non-Profit Organization
Social Assistance
→ Other Community Housing Services
Non-profit: Yes
Loan amount: $150,000-350,000
(50 Jobs retained)
Date approved: April 14, 2020
Lender BancorpSouth Bank

Note: Only loans exceeding $150,000 are displayed here. Businesses receiving PPP loans less than $150,000 are excluded. Additionally, borrowers that received PPP loans but have since return it, are also excluded.

The Paycheck Protection Program prioritizes millions of Americans employed by small businesses by authorizing up to $659 billion toward job retention and certain other expenses. Read more information about the Paycheck Protection Program or the CARES Act.