# PPP loan: MELVA PALACIOS M.D. PA
> **$150K** approved 03/12/2021 · Paid in Full · Loan `9275108508`
## Borrower
- **Name:** MELVA PALACIOS M.D. PA
- **Address:** 2722 W Canton Rd 2806 Ernesto Dr, Edinburg, TX, 78539-6632
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $150K
- **Initial approval:** $150K
- **Forgiven:** $151K (101%)
- **Forgiveness date:** 03/03/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $150K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** Readycap Lending, LLC
- **Servicing:** Readycap Lending, LLC (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*