# PPP loan: MD HOSPITALITY GROUP
> **$349K** approved 04/06/2020 · Paid in Full · Loan `5638117005`
## Borrower
- **Name:** MD HOSPITALITY GROUP
- **Address:** 6705 SHALLOWFORD RD, CHATTANOOGA, TN, 37421-1711
- **NAICS:** 541611
- **Business type:** Partnership
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $349K
- **Initial approval:** $349K
- **Forgiven:** $351K (101%)
- **Forgiveness date:** 12/09/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $349K
- **Jobs reported:** 37
## Lender
- **Originating:** Bank of Cleveland
- **Servicing:** Bank of Cleveland (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*