PPP Loan information for Marathon orthotics, inc.

$492,972

Marathon orthotics, inc. was initially approved for PPP Loan of amount $492,972, the current approved amount is $492,972. The loan was approved on 05/01/2020 by The U.S. Bank, National Association reported 44 jobs and $492,972 was used to fund payroll.

Marathon orthotics, inc. is Existing or more than 2 years old

PPP Loan Search / MN / EDEN PRAIRIE / Marathon orthotics, inc.

MARATHON ORTHOTICS, INC.

Date Approved

05/01/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

MARATHON ORTHOTICS, INC.

Borrower Address

7176 SHADY RD

Borrower City

EDEN PRAIRIE

Borrower State

MN

Borrower Zip

55344

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

492972.00

Current Approval Amount

492972.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EDEN PRAIRIE

Project County Name

HENNEPIN

Project State

MN

Project Zip

55344-0001

CD

MN-03

Jobs Reported

44

NAICS Code

334510

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

492972.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

499722.98

Forgiveness Date

09/10/2021

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