Rural Medical Services, INC

$1,031,829 PPP Loan in Newport, Tennessee

Loan Details

Loan Number
1876917300
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$1,031,829
Current Approval
$1,000,000
Forgiveness Amount
$1,014,222
Forgiveness Date
Sep 29, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Rural Medical Services, INC
Address
207 Murray Dr
ZIP Code
37821-3631
Business Type
Non-Profit Organization
Industry (NAICS)
Health Care and Social Assistance (621410)
Business Age
Unanswered
Jobs Reported
102
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Rural
Congressional District
TN-01

Loan Use Breakdown

Payroll
$800,000
Utilities
$100,000
Mortgage Interest
$100,000

Lender Information

Servicing Lender
Tennessee State Bank
Originating Lender
Tennessee State Bank

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