PPP Loan information for Des moines orthopaedic surgeons pc

$4,485,600

Des moines orthopaedic surgeons pc was initially approved for PPP Loan of amount $4,485,600, the current approved amount is $4,485,600. The loan was approved on 04/04/2020 by The Northwest Bank reported 250 jobs and $4,485,600 was used to fund payroll.

Des moines orthopaedic surgeons pc is Existing or more than 2 years old

DES MOINES ORTHOPAEDIC SURGEONS PC

Date Approved

04/04/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

DES MOINES ORTHOPAEDIC SURGEONS PC

Borrower Address

6001 Westown Parkway

Borrower City

WEST DES MOINES

Borrower State

IA

Borrower Zip

50266-7702

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4485600.00

Current Approval Amount

4485600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

82664

Servicing Lender Name

Northwest Bank

Servicing Lender Address

705 Grand Ave

Servicing Lender City

SPENCER

Servicing Lender State

IA

Servicing Lender Zip

51301-3707

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST DES MOINES

Project County Name

POLK

Project State

IA

Project Zip

50266-7702

CD

IA-03

Jobs Reported

250

NAICS Code

621111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

50000.00

Payroll Proceed

3763600.00

Mortgage Interest Proceed

0.00

Rent Proceed

387000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

269000.00

Debt Interest Proceed

16000

Business Type

Subchapter S Corporation

Originating Lender Location Id

82664

Originating Lender

Northwest Bank

Originating Lender City

SPENCER

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4538056.60

Forgiveness Date

06/09/2021

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