Southern Orthopedic & Sports Medicine

$549,645 PPP Loan in Jasper, Alabama

Loan Details

Loan Number
5014737005
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$549,645
Current Approval
$549,645
Forgiveness Amount
$553,203
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Southern Orthopedic & Sports Medicine
Address
2950 Hwy 78 East
City
Jasper
State
Alabama
ZIP Code
35501-8903
Business Type
Subchapter S Corporation
Industry (NAICS)
Health Care and Social Assistance (621111)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.9M
Rural/Urban
Rural
Congressional District
AL-04

Loan Use Breakdown

Payroll
$457,761
Rent
$49,000
Utilities
$20,000
Health Care
$22,884

Lender Information

Servicing Lender
Pinnacle Bank
Originating Lender
Pinnacle Bank

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