# PPP loan: MONTEREY OBGYN MEDICAL GROUP INC
> **$268K** approved 05/01/2020 · Paid in Full · Loan `5855707709`
## Borrower
- **Name:** MONTEREY OBGYN MEDICAL GROUP INC
- **Address:** 72780 COUNTRY CLUB DR STE A103, RANCHO MIRAGE, CA, 92270-4150
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $270K (101%)
- **Forgiveness date:** 02/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 22
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*