# PPP loan: MONTGOMERY RADIOLOGY ASSOCIATES, P.A.
> **$1.27M** approved 04/05/2020 · Paid in Full · Loan `5590047008`
## Borrower
- **Name:** MONTGOMERY RADIOLOGY ASSOCIATES, P.A.
- **Address:** 2055 NORMANDIE DR, MONTGOMERY, AL, 36111-2700
- **NAICS:** 621111
- **Business type:** Professional Association
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.27M
- **Initial approval:** $1.27M
- **Forgiven:** $1.29M (102%)
- **Forgiveness date:** 10/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $955K
- **Rent:** $255K
- **Utilities:** $64K
- **Jobs reported:** 74
## Lender
- **Originating:** ServisFirst Bank
- **Servicing:** ServisFirst Bank (AL)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*