# PPP loan: TEXAS MEDICAL CENTER
> **$1.71M** approved 04/11/2020 · Paid in Full · Loan `3253977103`
## Borrower
- **Name:** TEXAS MEDICAL CENTER
- **Address:** 2450 Holcombe BLVD STE 1 0.0, Houston, TX, 77021-2040
- **NAICS:** 812930
- **Business type:** Non-Profit Organization
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.71M
- **Initial approval:** $1.71M
- **Forgiven:** $1.73M (101%)
- **Forgiveness date:** 05/06/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.32M
- **Rent:** $126K
- **Utilities:** $118K
- **Health care:** $150K
- **Jobs reported:** 107
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*