# PPP loan: TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATIO
> **$1.32M** approved 04/30/2020 · Paid in Full · Loan `7803877308`
## Borrower
- **Name:** TEXAS MEDICAL CENTER HOSPITAL LAUNDRY COOPERATIVE ASSOCIATIO
- **Address:** 9424 Fannin Street Building C 0.0, Houston, TX, 77045-4561
- **NAICS:** 812331
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.32M
- **Initial approval:** $1.32M
- **Forgiven:** $1.34M (101%)
- **Forgiveness date:** 05/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.15M
- **Utilities:** $100K
- **Health care:** $75K
- **Jobs reported:** 220
## 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*