Medical Education and Research Institute

$851,108 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
8515897009
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$851,108
Current Approval
$851,108
Forgiveness Amount
$856,687
Forgiveness Date
Dec 17, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Medical Education and Research Institute
Address
44 Cleveland St
ZIP Code
38104-3503
Business Type
Non-Profit Organization
Industry (NAICS)
Educational Services (611710)
Business Age
Existing or more than 2 years old
Jobs Reported
54
Estimated Revenue
N/A (non-profit)
Non-Profit
Yes
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$799,108
Utilities
$26,000
Health Care
$26,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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