# PPP loan: ROBERT E. ANDERSON, M.D., A PROFESSIONAL CORPORATION
> **$651K** approved 05/01/2020 · Exemption 4 · Loan `9864027706`
## Borrower
- **Name:** ROBERT E. ANDERSON, M.D., A PROFESSIONAL CORPORATION
- **Address:** 361 HOSPITAL RD, NEWPORT BEACH, CA, 92663
- **NAICS:** 621111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $651K
- **Initial approval:** $651K
- **Forgiven:** $290K (45%)
- **Forgiveness date:** 04/15/2022
- **Status:** Exemption 4
- **Term:** 59 months
## Use of funds
- **Payroll:** $651K
- **Jobs reported:** 27
## Lender
- **Originating:** US Bank National Association
- **Servicing:** U.S. Bank, National Association (OH)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*