# PPP loan: PALM VALLEY HEALTH CARE INC
> **$1.63M** approved 04/28/2020 · Paid in Full · Loan `7814567206`
## Borrower
- **Name:** PALM VALLEY HEALTH CARE INC
- **Address:** 209 E CANTON RD, EDINBURG, TX, 78539-6228
- **NAICS:** 621610
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.63M
- **Initial approval:** $1.63M
- **Forgiven:** $1.65M (101%)
- **Forgiveness date:** 06/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.63M
- **Jobs reported:** 500
## Lender
- **Originating:** Texas Regional Bank
- **Servicing:** Texas Regional Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*