# PPP loan: MEDTRUST HOLDINGS INC
> **$388K** approved 04/09/2020 · Paid in Full · Loan `9071277003`
## Borrower
- **Name:** MEDTRUST HOLDINGS INC
- **Address:** 1014 BANKTON CIR STE 100, HANAHAN, SC, 29410-2925
- **NAICS:** 621910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $388K
- **Initial approval:** $388K
- **Forgiven:** $393K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $293K
- **Rent:** $55K
- **Mortgage interest:** $10K
- **Utilities:** $20K
- **Debt interest:** $10K
- **Jobs reported:** 31
## 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*