# PPP loan: OYSTER POINT DERMATOLOGY, INC.
> **$527K** approved 04/08/2020 · Paid in Full · Loan `8727067009`
## Borrower
- **Name:** OYSTER POINT DERMATOLOGY, INC.
- **Address:** 11844 Rock Landing Drive, Suite B, NEWPORT NEWS, VA, 23606-4202
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $527K
- **Initial approval:** $527K
- **Forgiven:** $530K (101%)
- **Forgiveness date:** 11/19/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $527K
- **Jobs reported:** 48
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*