PPP Loan information for Orthotic shop inc

$96,973

Orthotic shop inc was initially approved for PPP Loan of amount $96,973, the current approved amount is $96,973. The loan was approved on 04/28/2020 by The American Express National Bank reported 10 jobs and $96,973 was used to fund payroll.

Orthotic shop inc is Existing or more than 2 years old

ORTHOTIC SHOP INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ORTHOTIC SHOP INC

Borrower Address

14200 Industrial Center Drive

Borrower City

Shelby Charter Township

Borrower State

MI

Borrower Zip

48315

Loan Status Date

04/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

96972.50

Current Approval Amount

96972.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

113190

Servicing Lender Name

American Express National Bank

Servicing Lender Address

115 West Towne Ridge Parkway

Servicing Lender City

Sandy

Servicing Lender State

UT

Servicing Lender Zip

84070

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Charter Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-0899

CD

MI-10

Jobs Reported

10

NAICS Code

448210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

4848.63

Payroll Proceed

82426.62

Mortgage Interest Proceed

0.00

Rent Proceed

9697.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

113190

Originating Lender

American Express National Bank

Originating Lender City

Sandy

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

97865.18

Forgiveness Date

04/08/2021

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