PPP Loan information for Med express repairs-medical specialties inc

$185,367

Med express repairs-medical specialties inc was initially approved for PPP Loan of amount $185,367, the current approved amount is $185,367. The loan was approved on 04/29/2020 by The First Horizon Bank reported 19 jobs and $185,367 was used to fund payroll.

Med express repairs-medical specialties inc is New Business or 2 years or less

MED EXPRESS REPAIRS-MEDICAL SPECIALTIES INC

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

MED EXPRESS REPAIRS-MEDICAL SPECIALTIES INC

Borrower Address

4620 INDUSTRY LANE

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27713

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

185367.00

Current Approval Amount

185367.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27713-0001

CD

NC-04

Jobs Reported

19

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

185367.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177090.23

Forgiveness Date

12/09/2021

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