PPP Loan information for Northern orthotics and prosthetic services

Date Approved

04/28/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

NORTHERN ORTHOTICS AND PROSTHETIC SERVICES

Borrower Address

925 East Superior Street, Suite 102

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55802

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

301563.00

Current Approval Amount

301563.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36821

Servicing Lender Name

Western National Bank

Servicing Lender Address

201 N Central Ave

Servicing Lender City

DULUTH

Servicing Lender State

MN

Servicing Lender Zip

55807-2404

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-1100

CD

MN-08

Jobs Reported

18

NAICS Code

446199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6563.00

Payroll Proceed

250000.00

Mortgage Interest Proceed

15000.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36821

Originating Lender

Western National Bank

Originating Lender City

DULUTH

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

303313.74

Forgiveness Date

11/25/2020