PPP Loan information for Reach orthotic & prosthetic services

$297,697

Reach orthotic & prosthetic services was initially approved for PPP Loan of amount $297,697, the current approved amount is $297,697. The loan was approved on 02/24/2021 by The TowneBank reported 24 jobs and $297,697 was used to fund payroll.

Reach orthotic & prosthetic services is Existing or more than 2 years old

REACH ORTHOTIC & PROSTHETIC SERVICES

Date Approved

02/24/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

REACH ORTHOTIC & PROSTHETIC SERVICES

Borrower Address

11747 Jefferson Ave Ste 5A

Borrower City

Newport News

Borrower State

VA

Borrower Zip

23606-1934

Loan Status Date

09/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

297697.00

Current Approval Amount

297697.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Newport News

Project County Name

NEWPORT NEWS CITY

Project State

VA

Project Zip

23606-1934

CD

VA-03

Jobs Reported

24

NAICS Code

446199

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

297694.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

299003.56

Forgiveness Date

08/03/2021

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