PPP Loan information for Ortho-tec medical inc.

$52,300

Ortho-tec medical inc. was initially approved for PPP Loan of amount $52,300, the current approved amount is $52,300. The loan was approved on 04/09/2020 by The Bay State Savings Bank reported 6 jobs and $52,300 was used to fund payroll.

Ortho-tec medical inc. is Existing or more than 2 years old

ORTHO-TEC MEDICAL INC.

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ORTHO-TEC MEDICAL INC.

Borrower Address

364 PO BOX 364

Borrower City

WEBSTER

Borrower State

MA

Borrower Zip

01570-0364

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

52300.00

Current Approval Amount

52300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEBSTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01570-0364

CD

MA-02

Jobs Reported

6

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

52300.00

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

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

52618.16

Forgiveness Date

11/30/2020

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