# PPP loan: RIO PECOS MEDICAL ASSOCIATES LTD
> **$407K** approved 04/08/2020 · Paid in Full · Loan `8332277008`
## Borrower
- **Name:** RIO PECOS MEDICAL ASSOCIATES LTD
- **Address:** 305 W COUNTRY CLUB RD, ROSWELL, NM, 88201-5890
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $407K
- **Initial approval:** $407K
- **Forgiven:** $411K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $407K
- **Jobs reported:** 34
## Lender
- **Originating:** Pioneer Bank
- **Servicing:** Pioneer Bank (NM)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*