# PPP loan: VALLE VERDE MEDICAL GROUP INC
> **$201K** approved 04/16/2020 · Paid in Full · Loan `2304727203`
## Borrower
- **Name:** VALLE VERDE MEDICAL GROUP INC
- **Address:** 1332 C NATIVIDAD RD, SALINAS, CA, 93906
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $201K
- **Initial approval:** $201K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $201K
- **Jobs reported:** 16
## Lender
- **Originating:** Mechanics Bank
- **Servicing:** Mechanics Bank (CA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*