# PPP loan: INDEPENDENCE PROSTHETICS ORTHOTICS I
> **$220K** approved 04/17/2021 · Paid in Full · Loan `5076078805`
## Borrower
- **Name:** INDEPENDENCE PROSTHETICS ORTHOTICS I
- **Address:** 31 Meadowood Dr, Newark, DE, 19711-7202
- **NAICS:** 339113
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $220K
- **Initial approval:** $220K
- **Forgiven:** $221K (101%)
- **Forgiveness date:** 12/20/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $220K
- **Utilities:** $1
- **Jobs reported:** 25
## Lender
- **Originating:** Northeast Bank
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*