PPP Loan information for Watauga orthopaedics, plc

$2,020,910

Watauga orthopaedics, plc was initially approved for PPP Loan of amount $2,020,910, the current approved amount is $2,020,910. The loan was approved on 04/08/2020 by The First Horizon Bank reported 115 jobs and $2,020,910 was used to fund payroll.

Watauga orthopaedics, plc is Existing or more than 2 years old

WATAUGA ORTHOPAEDICS, PLC

Date Approved

04/08/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

WATAUGA ORTHOPAEDICS, PLC

Borrower Address

2410 Susannah Street

Borrower City

JOHNSON CITY

Borrower State

TN

Borrower Zip

37601-1748

Loan Status Date

07/17/2021

Loan Status

Paid in Full

Term

23

SBA Guaranty Percentage

100

Initial Approval Amount

2020910.00

Current Approval Amount

2020910.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JOHNSON CITY

Project County Name

WASHINGTON

Project State

TN

Project Zip

37601-1748

CD

TN-01

Jobs Reported

115

NAICS Code

621111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

32586.00

Payroll Proceed

1580178.00

Mortgage Interest Proceed

0.00

Rent Proceed

273734.00

Refinance EIDL Proceed

0.00

Health Care Proceed

134412.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2043925.92

Forgiveness Date

06/09/2021

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