ARISE ORTHOTICS &AMP; PROSTHETICS INC (MN) - 2020 PPP Loan Borrower Profile (# 6134547703)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ARISE ORTHOTICS &AMP; PROSTHETICS 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 Minnesota.

Loan Detail

Loan Number

6134547703

SBA Office Code

0508

Processing Method

PPP

Curent Loan Amount

$135,392

Date Loan was Approved

May 1, 2020

Amount Forgiven

$136,501.1

Date Loan was Forgiven

Feb 25, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

135,392

Lender

Bank of America, National Association

Business Detail

Business Type

Corporation

NAICS

621112

Borrower Location

SPRING LAKE PARK, MN

Project Location

SPRING LAKE PARK, MN

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

New Business or 2 years or less

Data Source: SBA.