# PPP loan: E&C MEDICAL INTELLIGENCE, INC.
> **$1.12M** approved 04/15/2020 · Paid in Full · Loan `8499577104`
## Borrower
- **Name:** E&C MEDICAL INTELLIGENCE, INC.
- **Address:** 100 REGENCY FOREST DR Suite 200, CARY, NC, 27518-8598
- **NAICS:** 541512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.12M
- **Initial approval:** $1.12M
- **Forgiven:** $1.13M (101%)
- **Forgiveness date:** 05/21/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $950K
- **Rent:** $31K
- **Utilities:** $2K
- **Health care:** $135K
- **Jobs reported:** 46
## 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*