PPP Loan information for Teter othotics & prosthetics inc.

$925,987

Teter othotics & prosthetics inc. was initially approved for PPP Loan of amount $925,987, the current approved amount is $925,987. The loan was approved on 01/25/2021 by The Independent Bank reported 76 jobs and $925,987 was used to fund payroll.

Teter othotics & prosthetics inc. is Existing or more than 2 years old

PPP Loan Search / MI / Traverse City / Teter othotics & prosthetics inc.

TETER OTHOTICS & PROSTHETICS INC.

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

TETER OTHOTICS & PROSTHETICS INC.

Borrower Address

1225 W Front St

Borrower City

Traverse City

Borrower State

MI

Borrower Zip

49684-2368

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

925987.00

Current Approval Amount

925987.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Traverse City

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49684-2368

CD

MI-01

Jobs Reported

76

NAICS Code

339112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

925985.00

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

929843.17

Forgiveness Date

07/07/2021

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