PPP Loan information for Orbit medical, inc.

$1,406,600

Orbit medical, inc. was initially approved for PPP Loan of amount $1,406,600, the current approved amount is $1,406,600. The loan was approved on 04/13/2020 by The KeyBank National Association reported 135 jobs and $1,406,600 was used to fund payroll.

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

ORBIT MEDICAL, INC.

Date Approved

04/13/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ORBIT MEDICAL, INC.

Borrower Address

332 E 3300 S

Borrower City

SALT LAKE CITY

Borrower State

UT

Borrower Zip

84115-4111

Loan Status Date

07/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1406600.00

Current Approval Amount

1406600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

56102

Servicing Lender Name

KeyBank National Association

Servicing Lender Address

127 Public Sq

Servicing Lender City

CLEVELAND

Servicing Lender State

OH

Servicing Lender Zip

44114-1217

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SALT LAKE CITY

Project County Name

SALT LAKE

Project State

UT

Project Zip

84115-4111

CD

UT-02

Jobs Reported

135

NAICS Code

423450

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1406600.00

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

56102

Originating Lender

KeyBank National Association

Originating Lender City

CLEVELAND

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1422824.07

Forgiveness Date

06/11/2021

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