PPP Loan information for South park orthodontics

$97,500

South park orthodontics was initially approved for PPP Loan of amount $97,500, the current approved amount is $97,500. The loan was approved on 04/04/2020 by The Time Bank reported 16 jobs and $97,500 was used to fund payroll.

South park orthodontics is Existing or more than 2 years old

SOUTH PARK ORTHODONTICS

Date Approved

04/04/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

SOUTH PARK ORTHODONTICS

Borrower Address

401 W TALCOTT RD

Borrower City

PARK RIDGE

Borrower State

IL

Borrower Zip

60068-5408

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

97500.00

Current Approval Amount

97500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119627

Servicing Lender Name

Time Bank

Servicing Lender Address

626 Talcott Rd

Servicing Lender City

PARK RIDGE

Servicing Lender State

IL

Servicing Lender Zip

60068-4721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PARK RIDGE

Project County Name

COOK

Project State

IL

Project Zip

60068-5408

CD

IL-05

Jobs Reported

16

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

76500.00

Mortgage Interest Proceed

0.00

Rent Proceed

18000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

119627

Originating Lender

Time Bank

Originating Lender City

PARK RIDGE

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

98377.50

Forgiveness Date

03/05/2021

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