Med-El Corporation

$2,000,000 PPP Loan in Durham, North Carolina

Loan Details

Loan Number
9366388310
Date Approved
Jan 30, 2021
Loan Status
Paid in Full
Initial Approval
$2,000,000
Current Approval
$2,000,000
Forgiveness Amount
$2,017,315
Forgiveness Date
Dec 15, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Med-El Corporation
Address
2645 Meridian Pkwy Ste 100
City
Durham
ZIP Code
27713-4232
Business Type
Corporation
Industry (NAICS)
Manufacturing (339113)
Business Age
Existing or more than 2 years old
Jobs Reported
162
Estimated Revenue
$45.2M
Rural/Urban
Urban
Congressional District
NC-04

Loan Use Breakdown

Payroll
$2,000,000

Lender Information

Servicing Lender
Bank of America, National Association
Originating Lender
Bank of America, National Association

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