Share: Company" or " IONM"), is pleased to announce that it has received a loan (" Loan") under the United States Small Business Administration's (" SBA") Paycheck Protection Program Second Draw Loans under the Small Business Act, Paycheck Protection Program (" PPP"), implemented pursuant to the Coronavirus Aid, Relief, and Economic Security Act. On March 2, 2021, Assure executed a PPP promissory note and received a $1,664,700 unsecured PPP loan, which matures on February 25, 2026 (the " Loan"). The Loan carries an interest rate of 1.0% per annum, with principal and interest payments due on the first day of each month, with payments commencing on the earlier of: (i) the day the amount of loan forgiveness granted to Assure is remitted by the SBA to the Bank of Oklahoma; and (ii) ten (10) months after the end of the twenty-four (24) week period following the grant of the Loan. All or a portion of the Loan may be forgiven if the Company maintains its employment and compensation within certain parameters during the twenty-four (24) week period following the loan origination date and the proceeds of the Loan are spent on payroll costs, rent or lease agreements dated before February 15, 2020 and utility payments arising under service agreements dated before February 15, 2020.