Durham, NC
As part of the Paycheck Protection Program MED-EL CORPORATION was approved for a loan.
The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.
| Loan Amount | $3,040,672 |
| BusinessName | MED-EL CORPORATION |
| Address | 2645 Meridian Pkwy Ste 100 |
| City | Durham |
| State | NC |
| Zip | 27713 |
| NAICSCode | 423450 |
| BusinessType | Corporation |
| RaceEthnicity | Unanswered |
| Gender | Unanswered |
| Veteran | Unanswered |
| NonProfit | |
| JobsReported | 162 |
| DateApproved | 05/01/2020 |
| Lender | Bank of America, National Association |
| CD | NC-04 |
| BusinessName.clean | MEDEL |
The data come from a release of over 5 million records by the SBA in November, 2020.
Entities affected by Coronavirus (COVID-19) may have been eligible, including:
More info about the PPP is available from the Small Business Administration.
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