Medex Billing Services, INC

$274,600 PPP Loan in Mobile, Alabama

Loan Details

Loan Number
5849397008
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$274,600
Current Approval
$274,600
Forgiveness Amount
$277,788
Forgiveness Date
Jun 9, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Medex Billing Services, INC
Address
501 Boulevard Park
City
Mobile
State
Alabama
ZIP Code
36609-3498
Business Type
Subchapter S Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541219)
Business Age
Existing or more than 2 years old
Jobs Reported
31
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
AL-01

Loan Use Breakdown

Payroll
$205,950
Rent
$13,730
Utilities
$13,730
Health Care
$13,730
Mortgage Interest
$13,730
Debt Interest
$13,730

Lender Information

Servicing Lender
Oakworth Capital Bank
Originating Lender
Oakworth Capital Bank

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