# PPP loan: INSTITUTE FOR SPECIALIZED MEDICINE, INC
> **$215K** approved 04/28/2020 · Paid in Full · Loan `6683607210`
## Borrower
- **Name:** INSTITUTE FOR SPECIALIZED MEDICINE, INC
- **Address:** 4125 Sorrento Valley Blvd Ste A&C, San Diego, CA, 92121-1423
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $215K
- **Initial approval:** $215K
- **Forgiven:** $217K (101%)
- **Forgiveness date:** 09/02/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $174K
- **Rent:** $20K
- **Mortgage interest:** $11K
- **Utilities:** $3K
- **Health care:** $7K
- **Jobs reported:** 13
## Lender
- **Originating:** Pacific Premier Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*