Internal Medicine Rural Health Clinic of New Albany

$315,500 PPP Loan in New Albany, Mississippi

Loan Details

Loan Number
4757227001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$315,500
Current Approval
$315,500
Forgiveness Amount
$317,411
Forgiveness Date
Nov 19, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Internal Medicine Rural Health Clinic of New Albany
Address
300 Oxford Road
ZIP Code
38652-3117
Business Type
Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$8.2M
Rural/Urban
Rural
Congressional District
MS-01

Loan Use Breakdown

Payroll
$252,400
Utilities
$31,550
Mortgage Interest
$31,550

Lender Information

Servicing Lender
Farmers and Merchants Bank
Originating Lender
Farmers and Merchants Bank

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