# PPP loan: MD HOSPITALITY GROUP GP
> **$482K** approved 01/20/2021 · Paid in Full · Loan `2458068303`
## Borrower
- **Name:** MD HOSPITALITY GROUP GP
- **Address:** 6705 Shallowford Rd, Chattanooga, TN, 37421-1711
- **NAICS:** 721110
- **Business type:** Partnership
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $482K
- **Initial approval:** $482K
- **Forgiven:** $486K (101%)
- **Forgiveness date:** 10/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $482K
- **Utilities:** $1
- **Jobs reported:** 35
## Lender
- **Originating:** Bank of Cleveland
- **Servicing:** Bank of Cleveland (TN)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*