PPP Loan information for Md orthopaedics, inc

$375,100

Md orthopaedics, inc was initially approved for PPP Loan of amount $375,100, the current approved amount is $375,100. The loan was approved on 04/13/2020 by The Wayland State Bank reported 36 jobs and $375,100 was used to fund payroll.

Md orthopaedics, inc is Existing or more than 2 years old

MD ORTHOPAEDICS, INC

Date Approved

04/13/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

MD ORTHOPAEDICS, INC

Borrower Address

604 N PARKWAY ST

Borrower City

WAYLAND

Borrower State

IA

Borrower Zip

52654-7638

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

375100.15

Current Approval Amount

375100.15

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25565

Servicing Lender Name

Wayland State Bank

Servicing Lender Address

301 S Main

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

IA

Servicing Lender Zip

52641-2226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAYLAND

Project County Name

WASHINGTON

Project State

IA

Project Zip

52654-7638

CD

IA-01

Jobs Reported

36

NAICS Code

316210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

314078.42

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

61021.73

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

25565

Originating Lender

Wayland State Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

377486.20

Forgiveness Date

12/03/2020

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