Lebanon police responded to a stabbing call Saturday around 7 p.m. at 202 S. College St.
Officers said they made contact with a male subject, Phillip Vann, who had multiple deep lacerations to his nose and was bleeding heavily.
Vann told police he was under the Newby Street Bridge drinking beer with another man, and he had bought the man a 12-pack of beer and a pack of cigarettes.
While drinking the beer, Vann said the other man pulled a pocketknife on him and slashed his face.
Vann told officers he did not know the man before the attack but described him as a white male with shoulder-length black hair wearing a green T-shirt and gray shorts.
Wilson County Emergency Management Agency paramedics responded to the scene to treat Vann.
Officers near the Newby St. Bridge area made contact at 215 S. Maple St. with Gerald Drake, who matched the description of the suspect.
Drake, 46, of Lebanon, was detained while officers worked with paramedics to bring Vann to 202 S. College St.
Officers said Vann positively identified Drake as the person who assaulted him. Police also said Drake was wearing a red baseball cap Vann was wearing during the assault.
Paramedics took Vann to University Medical Center, where he was treated for his injuries.
Drake was charged with aggravated assault and held in Wilson County Jail on $4,500 bond. He has a court date set for July 16.