# PPP loan: OPEN MRI OF NEW ENGLAND INC
> **$547K** approved 02/04/2021 · Paid in Full · Loan `2986148405`
## Borrower
- **Name:** OPEN MRI OF NEW ENGLAND INC
- **Address:** 525 Broad St Unit L2, Cumberland, RI, 02864-6919
- **NAICS:** 621512
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $547K
- **Initial approval:** $547K
- **Forgiven:** $551K (101%)
- **Forgiveness date:** 09/01/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $547K
- **Utilities:** $1
- **Jobs reported:** 38
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*