Orthotech Sports - Medical Equipment, Inc.

$220,500 PPP Loan in Herrin, Illinois

Loan Details

Loan Number
5976897106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$220,500
Current Approval
$220,500
Forgiveness Amount
$221,746
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Orthotech Sports - Medical Equipment, Inc.
Address
1211 Weaver Rd
City
Herrin
ZIP Code
62948-2621
Business Type
Corporation
Industry (NAICS)
Manufacturing (339920)
Business Age
Existing or more than 2 years old
Jobs Reported
15
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IL-12

Loan Use Breakdown

Payroll
$175,000
Rent
$30,000
Health Care
$11,000
Mortgage Interest
$4,500

Lender Information

Servicing Lender
St. Louis Bank
Originating Lender
St. Louis Bank

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