# PPP loan: SOUTH TEXAS MEDICAL RESEARCH INSTITUTE INC
> **$177K** approved 03/06/2021 · Paid in Full · Loan `7747038500`
## Borrower
- **Name:** SOUTH TEXAS MEDICAL RESEARCH INSTITUTE INC
- **Address:** 1420 River Rd Ste 100, Boerne, TX, 78006-1993
- **NAICS:** 541990
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $177K
- **Initial approval:** $177K
- **Forgiven:** $180K (101%)
- **Forgiveness date:** 06/30/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $177K
- **Utilities:** $1
- **Jobs reported:** 14
## Lender
- **Originating:** Centennial Bank
- **Servicing:** Centennial Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*