# PPP loan: MED INVESTORS DEVELOPMENT, LLC
> **$508K** approved 04/10/2020 · Paid in Full · Loan `1734397108`
## Borrower
- **Name:** MED INVESTORS DEVELOPMENT, LLC
- **Address:** 1067 Riverfront Parkway, Suite 201, CHATTANOOGA, TN, 37402-2104
- **NAICS:** 621111
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $508K
- **Initial approval:** $508K
- **Forgiven:** $513K (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $450K
- **Rent:** $12K
- **Utilities:** $6K
- **Health care:** $40K
- **Jobs reported:** 81
## Lender
- **Originating:** First Horizon Bank
- **Servicing:** First Horizon Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*