Medical Education Assistance Corporation
$4,896,317 PPP Loan in Johnson City, Tennessee
Loan Details
- Loan Number
- 7865797009
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $4,896,317
- Current Approval
- $4,896,317
- Forgiveness Amount
- $4,952,081
- Forgiveness Date
- Jun 9, 2021
- Term
- 23 months
- Draw
- First Draw
Business Information
- Business Name
- Medical Education Assistance Corporation
- Address
- 222 East Main Street
- City
- Johnson City
- State
- Tennessee
- ZIP Code
- 37604-5708
- Business Type
- Non-Profit Organization
- Industry (NAICS)
- Health Care and Social Assistance (621111)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 402
- Estimated Revenue
- N/A (non-profit)
- Non-Profit
- Yes
- Rural/Urban
- Urban
- Congressional District
- TN-01
Loan Use Breakdown
- Payroll
- $4,000,000
- Rent
- $100,000
- Utilities
- $296,317
- Health Care
- $500,000
Lender Information
- Servicing Lender
- First Horizon Bank
- Originating Lender
- First Horizon Bank
Other PPP Loans in Johnson City, TN
| Business | Approved | |
|---|---|---|
| Wellmore Energy Company LLC | $9,512,362 | |
| State of Franklin Healthcare Associates Pllc | $7,804,800 | |
| Pocahontas Coal Company LLC | $6,967,050 | |
| Crown Laboratories, Inc. | $4,359,500 | |
| Carter Roag Coal Company | $3,782,757 |
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