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Some Nashville private schools took millions in PPP loans while others paid it back Several Nashville private schools received millions in forgivable loans through the federal Paycheck Protection Program (PPP). and last updated 2021-02-23 23:43:51-05 NASHVILLE, Tenn. (WTVF) â Some of Nashville s most prestigious private schools received millions of dollars in forgivable loans through the federal Paycheck Protection Program (PPP). But some of the schools decided to return the money to the federal government when they saw enrollment did not go down and there was no danger of laying off employees because of COVID. Other private schools say they followed the guidelines of the program and plan to ask forgiveness for the loans - meaning they will not have to repay the money. ....