PPP Loan information for Forward motion medical systems

$319,010

Forward motion medical systems was initially approved for PPP Loan of amount $319,010, the current approved amount is $319,010. The loan was approved on 01/20/2021 by The Cache Valley Bank reported 43 jobs and $319,010 was used to fund payroll.

Forward motion medical systems is Existing or more than 2 years old

PPP Loan Search / UT / St George / Forward motion medical systems

FORWARD MOTION MEDICAL SYSTEMS

Date Approved

01/20/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

FORWARD MOTION MEDICAL SYSTEMS

Borrower Address

535 N 1300 E

Borrower City

St George

Borrower State

UT

Borrower Zip

84770-3223

Loan Status Date

05/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

319010.00

Current Approval Amount

319010.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St George

Project County Name

WASHINGTON

Project State

UT

Project Zip

84770-3223

CD

UT-02

Jobs Reported

43

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

319005.00

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

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

322784.95

Forgiveness Date

04/06/2022

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