# PPP loan: OCEAN RADIOLOGY ASSOCIATES PC
> **$492K** approved 03/09/2021 · Exemption 4 · Loan `8222148500`
## Borrower
- **Name:** OCEAN RADIOLOGY ASSOCIATES PC
- **Address:** 365 Montauk Ave, New London, CT, 06320-4700
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $492K
- **Initial approval:** $492K
- **Forgiven:** $439K (89%)
- **Forgiveness date:** 03/24/2022
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $492K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*