# PPP loan: RURAL MEDICAL SERVICES, INC
> **$1.00M** approved 04/28/2020 · Paid in Full · Loan `1876917300`
## Borrower
- **Name:** RURAL MEDICAL SERVICES, INC
- **Address:** 207 MURRAY DR, NEWPORT, TN, 37821-3631
- **NAICS:** 621410
- **Business type:** Non-Profit Organization
- **Business age:** Unanswered
## Loan
- **Approval amount:** $1.00M
- **Initial approval:** $1.03M
- **Forgiven:** $1.01M (101%)
- **Forgiveness date:** 09/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $800K
- **Mortgage interest:** $100K
- **Utilities:** $100K
- **Jobs reported:** 102
## Lender
- **Originating:** Tennessee State Bank
- **Servicing:** Tennessee State Bank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*