AMERICAN PROSTHETICS & ORTHOTICS, INC. (IA) - 2020 PPP Loan Borrower Profile (# 9448647008)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN PROSTHETICS & ORTHOTICS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Iowa.

Loan Detail

Loan Number

9448647008

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$942,000

Date Loan was Approved

Apr 9, 2020

Amount Forgiven

$949,613.42

Date Loan was Forgiven

Feb 4, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

20,000

Payroll Proced

808,364

Rent Proceed

113,636

Lender

First National Bank Ames, Iowa

Business Detail

Business Type

Corporation

NAICS

339113

Borrower Location

CLIVE, IA

Project Location

CLIVE, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.