PPP Loan information for Orb management corporation

$60,800

Orb management corporation was initially approved for PPP Loan of amount $60,800, the current approved amount is $60,800. The loan was approved on 04/03/2020 by The American National Bank of Minnesota reported 3 jobs and $60,800 was used to fund payroll.

Orb management corporation is Existing or more than 2 years old

ORB MANAGEMENT CORPORATION

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ORB MANAGEMENT CORPORATION

Borrower Address

406 3rd Ave E, Ste 1

Borrower City

ALEXANDRIA

Borrower State

MN

Borrower Zip

56308-1502

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60800.00

Current Approval Amount

60800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

117900

Servicing Lender Name

American National Bank of Minnesota

Servicing Lender Address

7638 Woida Rd

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-8730

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALEXANDRIA

Project County Name

DOUGLAS

Project State

MN

Project Zip

56308-1502

CD

MN-07

Jobs Reported

3

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

46000.00

Mortgage Interest Proceed

0.00

Rent Proceed

9600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2600.00

Debt Interest Proceed

2600

Business Type

Subchapter S Corporation

Originating Lender Location Id

117900

Originating Lender

American National Bank of Minnesota

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61234.04

Forgiveness Date

12/22/2020

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