PPP Loan information for Med-pay, inc.

$404,200

Med-pay, inc. was initially approved for PPP Loan of amount $404,200, the current approved amount is $404,200. The loan was approved on 04/05/2020 by The Commerce Bank reported 44 jobs and $404,200 was used to fund payroll.

Med-pay, inc. is Existing or more than 2 years old

MED-PAY, INC.

Date Approved

04/05/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

MED-PAY, INC.

Borrower Address

1650 E BATTLEFIELD RD SUITE 300

Borrower City

SPRINGFIELD

Borrower State

MO

Borrower Zip

65804-3706

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

404200.00

Current Approval Amount

404200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40781

Servicing Lender Name

Commerce Bank

Servicing Lender Address

1000 Walnut St, 11th Fl

Servicing Lender City

KANSAS CITY

Servicing Lender State

MO

Servicing Lender Zip

64106-2107

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRINGFIELD

Project County Name

GREENE

Project State

MO

Project Zip

65804-3706

CD

MO-07

Jobs Reported

44

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

363780.00

Mortgage Interest Proceed

0.00

Rent Proceed

40420.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

40781

Originating Lender

Commerce Bank

Originating Lender City

KANSAS CITY

Originating Lender State

MO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

409611.79

Forgiveness Date

08/06/2021

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