Date Approved
04/08/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
MEDICAL EDUCATION ASSISTANCE CORPORATION
Borrower Address
222 East Main Street
Borrower City
JOHNSON CITY
Borrower State
TN
Borrower Zip
37604-5708
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
23
SBA Guaranty Percentage
100
Initial Approval Amount
4896317.00
Current Approval Amount
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
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
WASHINGTON
Project State
Project Zip
CD
TN-01
Jobs Reported
402
NAICS Code
621111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
296317.00
Payroll Proceed
4000000.00
Mortgage Interest Proceed
Rent Proceed
100000.00
Refinance EIDL Proceed
Health Care Proceed
500000.00
Debt Interest Proceed
0
Business Type
Non-Profit Organization
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
4952080.61
Forgiveness Date
06/09/2021