PPP Loan information for Med investors development, llc

$507,555

Med investors development, llc was initially approved for PPP Loan of amount $507,555, the current approved amount is $507,555. The loan was approved on 04/10/2020 by The First Horizon Bank reported 81 jobs and $507,555 was used to fund payroll.

Med investors development, llc is Existing or more than 2 years old

PPP Loan Search / TN / CHATTANOOGA / Med investors development, llc

MED INVESTORS DEVELOPMENT, LLC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MED INVESTORS DEVELOPMENT, LLC

Borrower Address

1067 Riverfront Parkway, Suite 201

Borrower City

CHATTANOOGA

Borrower State

TN

Borrower Zip

37402-2104

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507555.00

Current Approval Amount

507555.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CHATTANOOGA

Project County Name

HAMILTON

Project State

TN

Project Zip

37402-2104

CD

TN-03

Jobs Reported

81

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5555.00

Payroll Proceed

450000.00

Mortgage Interest Proceed

0.00

Rent Proceed

12000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

40000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

512842.03

Forgiveness Date

05/06/2021

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