PPP Loan information for Orbit communications, inc

$66,000

Orbit communications, inc was initially approved for PPP Loan of amount $66,000, the current approved amount is $66,000. The loan was approved on 04/28/2020 by The Old National Bank reported 12 jobs and $66,000 was used to fund payroll.

Orbit communications, inc is Existing or more than 2 years old

ORBIT COMMUNICATIONS, INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ORBIT COMMUNICATIONS, INC

Borrower Address

1208 W Chicago Blvd

Borrower City

TECUMSEH

Borrower State

MI

Borrower Zip

49286

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66000.00

Current Approval Amount

66000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TECUMSEH

Project County Name

LENAWEE

Project State

MI

Project Zip

49286-0001

CD

MI-07

Jobs Reported

12

NAICS Code

517110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

66000.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

66439.40

Forgiveness Date

01/07/2021

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