# PPP loan: MARCO GUTIERREZ MD & ASSOCIATES
> **$202K** approved 04/11/2020 · Paid in Full · Loan `3485207105`
## Borrower
- **Name:** MARCO GUTIERREZ MD & ASSOCIATES
- **Address:** 5148 N 10th Street, MCALLEN, TX, 78504-2834
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $202K
- **Initial approval:** $202K
- **Forgiven:** $203K (101%)
- **Forgiveness date:** 12/16/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $165K
- **Rent:** $15K
- **Utilities:** $6K
- **Health care:** $17K
- **Jobs reported:** 24
## Lender
- **Originating:** PlainsCapital Bank
- **Servicing:** PlainsCapital Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*