PPP Loan information for Orbit logic incorporated

$1,036,300

Orbit logic incorporated was initially approved for PPP Loan of amount $1,036,300, the current approved amount is $1,036,300. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 52 jobs and $1,036,300 was used to fund payroll.

Orbit logic incorporated is Existing or more than 2 years old

PPP Loan Search / MD / GREENBELT / Orbit logic incorporated

ORBIT LOGIC INCORPORATED

Date Approved

04/10/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ORBIT LOGIC INCORPORATED

Borrower Address

7852 Walker Drive Suite 400

Borrower City

GREENBELT

Borrower State

MD

Borrower Zip

20770-3200

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1036300.00

Current Approval Amount

1036300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GREENBELT

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20770-3200

CD

MD-04

Jobs Reported

52

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1036300.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1045356.98

Forgiveness Date

03/08/2021

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