PPP Loan information for King orthodontics, ltd.

$82,500

King orthodontics, ltd. was initially approved for PPP Loan of amount $33,000, the current approved amount is $82,500. The loan was approved on 07/29/2020 by The 1st United Bank reported 7 jobs and $82,500 was used to fund payroll.

King orthodontics, ltd. is Existing or more than 2 years old

KING ORTHODONTICS, LTD.

Date Approved

07/29/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

KING ORTHODONTICS, LTD.

Borrower Address

2769 SUPERIOR DRIVE NW

Borrower City

ROCHESTER

Borrower State

MN

Borrower Zip

55901-1773

Loan Status Date

04/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33000.00

Current Approval Amount

82500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

88765

Servicing Lender Name

1st United Bank

Servicing Lender Address

430 NW Fourth St

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROCHESTER

Project County Name

OLMSTED

Project State

MN

Project Zip

55901-1773

CD

MN-01

Jobs Reported

7

NAICS Code

621210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

82500.00

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

Subchapter S Corporation

Originating Lender Location Id

88765

Originating Lender

1st United Bank

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

83045.42

Forgiveness Date

03/30/2021

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