PPP Loan information for Sports medicine and orthopaedic center inc

$1,341,700

Sports medicine and orthopaedic center inc was initially approved for PPP Loan of amount $1,341,700, the current approved amount is $1,341,700. The loan was approved on 04/08/2020 by The TowneBank reported 140 jobs and $1,341,700 was used to fund payroll.

Sports medicine and orthopaedic center inc is Existing or more than 2 years old

SPORTS MEDICINE AND ORTHOPAEDIC CENTER INC

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

SPORTS MEDICINE AND ORTHOPAEDIC CENTER INC

Borrower Address

814 Greenbrier Circle Suite F

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-2624

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1341700.00

Current Approval Amount

1341700.00

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

N

Business Age Description

Existing or more than 2 years old

Project City

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-2624

CD

VA-03

Jobs Reported

140

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1341700.00

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

1355303.35

Forgiveness Date

04/15/2021

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