# PPP loan: MDCDC, INC.
> **$154K** approved 04/09/2020 · Paid in Full · Loan `9481737002`
## Borrower
- **Name:** MDCDC, INC.
- **Address:** 656 MADISON AVE, MEMPHIS, TN, 38103-3300
- **NAICS:** 541720
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $156K (101%)
- **Forgiveness date:** 06/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $145K
- **Rent:** $9K
- **Jobs reported:** 11
## 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*