PPP Loan information for Ortman fluid power

$322,402

Ortman fluid power was initially approved for PPP Loan of amount $322,402, the current approved amount is $322,402. The loan was approved on 04/10/2020 by The Fulton Bank, National Association reported 22 jobs and $322,402 was used to fund payroll.

Ortman fluid power is Existing or more than 2 years old

ORTMAN FLUID POWER

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

ORTMAN FLUID POWER

Borrower Address

1400 N 30th St Suite 200

Borrower City

Quincy

Borrower State

IL

Borrower Zip

62301-3467

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

322401.60

Current Approval Amount

322401.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Quincy

Project County Name

ADAMS

Project State

IL

Project Zip

62301-3467

CD

IL-15

Jobs Reported

22

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

40300.20

Payroll Proceed

241801.20

Mortgage Interest Proceed

0.00

Rent Proceed

40300.20

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

325401.73

Forgiveness Date

03/23/2021

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