# PPP loan: OCO BIOMEDICAL, INC.
> **$253K** approved 04/12/2020 · Paid in Full · Loan `4147927100`
## Borrower
- **Name:** OCO BIOMEDICAL, INC.
- **Address:** 9550 SAN MATEO BLVD NE Ste C, ALBUQUERQUE, NM, 87113-2280
- **NAICS:** 339116
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $253K
- **Initial approval:** $253K
- **Forgiven:** $255K (101%)
- **Forgiveness date:** 01/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $250K
- **Rent:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** First Source Federal Credit Union
- **Servicing:** PNC Bank, National Association (DE)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*