PPP Loan information for 1960 physician associates

$2,750,000

1960 physician associates was initially approved for PPP Loan of amount $2,750,000, the current approved amount is $2,750,000. The loan was approved on 04/27/2020 by The Frost Bank reported 216 jobs and $2,750,000 was used to fund payroll.

1960 physician associates is Existing or more than 2 years old

1960 PHYSICIAN ASSOCIATES

Date Approved

04/27/2020

SBA Office Code

0671

Processing Method

PPP

Borrower Name

1960 PHYSICIAN ASSOCIATES

Borrower Address

8378 Cypress Creek Rd

Borrower City

HOUSTON

Borrower State

TX

Borrower Zip

77090-3423

Loan Status Date

05/19/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2750000.00

Current Approval Amount

2750000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HOUSTON

Project County Name

HARRIS

Project State

TX

Project Zip

77090-3423

CD

TX-18

Jobs Reported

216

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

2750000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Non-Profit Organization

Originating Lender Location Id

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

2803267.12

Forgiveness Date

04/07/2022

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