# PPP loan: VALLEY RETINA INSTITUTE, P.A.
> **$477K** approved 04/09/2020 · Paid in Full · Loan `9828267003`
## Borrower
- **Name:** VALLEY RETINA INSTITUTE, P.A.
- **Address:** 1309 E Ridge Rd #1, MCALLEN, TX, 78503-1514
- **NAICS:** 621111
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $477K
- **Initial approval:** $477K
- **Forgiven:** $483K (101%)
- **Forgiveness date:** 08/05/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $358K
- **Rent:** $72K
- **Utilities:** $48K
- **Jobs reported:** 65
## Lender
- **Originating:** International Bank of Commerce
- **Servicing:** International Bank of Commerce (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*