# PPP loan: RIO PECOS MEDICAL ASSOCIATES LTD
> **$424K** approved 02/04/2021 · Paid in Full · Loan `3106328408`
## Borrower
- **Name:** RIO PECOS MEDICAL ASSOCIATES LTD
- **Address:** 305 W Country Club Rd, Roswell, NM, 88201-5892
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $424K
- **Initial approval:** $424K
- **Forgiven:** $427K (101%)
- **Forgiveness date:** 10/25/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $424K
- **Utilities:** $1
- **Jobs reported:** 28
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*