PPP Loan information for Memorial orthopaedic surgical group

$838,000

Memorial orthopaedic surgical group was initially approved for PPP Loan of amount $838,000, the current approved amount is $838,000. The loan was approved on 04/14/2020 by The Farmers & Merchants Bank of Long Beach reported 75 jobs and $838,000 was used to fund payroll.

Memorial orthopaedic surgical group is Existing or more than 2 years old

MEMORIAL ORTHOPAEDIC SURGICAL GROUP

Date Approved

04/14/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

MEMORIAL ORTHOPAEDIC SURGICAL GROUP

Borrower Address

2760 Atlantic Ave

Borrower City

LONG BEACH

Borrower State

CA

Borrower Zip

90806-2755

Loan Status Date

05/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

838000.00

Current Approval Amount

838000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LONG BEACH

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90806-2755

CD

CA-44

Jobs Reported

75

NAICS Code

621399

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

838000.00

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

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

846150.41

Forgiveness Date

04/14/2021

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