PPP Loan information for Spectrum orthotics & prosthetics, inc.

$562,000

Spectrum orthotics & prosthetics, inc. was initially approved for PPP Loan of amount $562,000, the current approved amount is $562,000. The loan was approved on 04/05/2020 by The People's Bank of Commerce reported 50 jobs and $562,000 was used to fund payroll.

Spectrum orthotics & prosthetics, inc. is Existing or more than 2 years old

PPP Loan Search / OR / MEDFORD / Spectrum orthotics & prosthetics, inc.

SPECTRUM ORTHOTICS & PROSTHETICS, INC.

Date Approved

04/05/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

SPECTRUM ORTHOTICS & PROSTHETICS, INC.

Borrower Address

1180 CRATER LAKE AVE

Borrower City

MEDFORD

Borrower State

OR

Borrower Zip

97504-6242

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

562000.00

Current Approval Amount

562000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

JACKSON

Project State

OR

Project Zip

97504-6242

CD

OR-02

Jobs Reported

50

NAICS Code

621111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

56200.00

Payroll Proceed

505800.00

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

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

565824.72

Forgiveness Date

12/17/2020

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