Med Investors Development, LLC

$507,555 PPP Loan in Chattanooga, Tennessee

Loan Details

Loan Number
1734397108
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$507,555
Current Approval
$507,555
Forgiveness Amount
$512,842
Forgiveness Date
May 6, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Med Investors Development, LLC
Address
1067 Riverfront Parkway, Suite 201
ZIP Code
37402-2104
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
81
Estimated Revenue
$25.4M
Rural/Urban
Urban
Congressional District
TN-03

Loan Use Breakdown

Payroll
$450,000
Rent
$12,000
Utilities
$5,555
Health Care
$40,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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