PPP Loan information for Med communications inc

$1,449,500

Med communications inc was initially approved for PPP Loan of amount $1,449,500, the current approved amount is $1,449,500. The loan was approved on 04/14/2020 by The Renasant Bank reported 114 jobs and $1,449,500 was used to fund payroll.

Med communications inc is Existing or more than 2 years old

MED COMMUNICATIONS INC

Date Approved

04/14/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

MED COMMUNICATIONS INC

Borrower Address

20 Dudley St. Suite 700

Borrower City

MEMPHIS

Borrower State

TN

Borrower Zip

38103

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1449500.00

Current Approval Amount

1449500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

40010

Servicing Lender Name

Renasant Bank

Servicing Lender Address

209 Troy St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4827

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MEMPHIS

Project County Name

SHELBY

Project State

TN

Project Zip

38103-0001

CD

TN-09

Jobs Reported

114

NAICS Code

621999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1449500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

40010

Originating Lender

Renasant Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1461699.96

Forgiveness Date

03/05/2021

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