PPP Loan information for Orbit industries, inc.

$1,086,300

Orbit industries, inc. was initially approved for PPP Loan of amount $1,086,300, the current approved amount is $1,086,300. The loan was approved on 04/15/2020 by The Golden Bank, National Association reported 96 jobs and $1,086,300 was used to fund payroll.

Orbit industries, inc. is Existing or more than 2 years old

PPP Loan Search / CA / LOS ANGELES / Orbit industries, inc.

ORBIT INDUSTRIES, INC.

Date Approved

04/15/2020

SBA Office Code

0914

Processing Method

PPP

Borrower Name

ORBIT INDUSTRIES, INC.

Borrower Address

2100 S FIGUEROA ST

Borrower City

LOS ANGELES

Borrower State

CA

Borrower Zip

90007-2047

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1086300.00

Current Approval Amount

1086300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70400

Servicing Lender Name

Golden Bank, National Association

Servicing Lender Address

9315 Bellaire Blvd

Servicing Lender City

HOUSTON

Servicing Lender State

TX

Servicing Lender Zip

77036-4503

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LOS ANGELES

Project County Name

LOS ANGELES

Project State

CA

Project Zip

90007-2047

CD

CA-37

Jobs Reported

96

NAICS Code

423610

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1086300.00

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

Subchapter S Corporation

Originating Lender Location Id

70400

Originating Lender

Golden Bank, National Association

Originating Lender City

HOUSTON

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1102668.90

Forgiveness Date

10/27/2021

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