PPP Loan information for Ortho development corporation

$2,753,604

Ortho development corporation was initially approved for PPP Loan of amount $2,753,604, the current approved amount is $2,753,604. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 173 jobs and $2,753,604 was used to fund payroll.

Ortho development corporation is Existing or more than 2 years old

ORTHO DEVELOPMENT CORPORATION

Date Approved

05/01/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

ORTHO DEVELOPMENT CORPORATION

Borrower Address

12187 BUSINESS PARK DRIVE

Borrower City

DRAPER

Borrower State

UT

Borrower Zip

84020

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2753604.00

Current Approval Amount

2753604.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DRAPER

Project County Name

SALT LAKE

Project State

UT

Project Zip

84020-0126

CD

UT-03

Jobs Reported

173

NAICS Code

339113

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2753604.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2783629.60

Forgiveness Date

06/09/2021

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