PPP Loan Data — Orthomerica Products, Inc., Orlando, FL
Orthomerica Products, Inc. is a subchapter s corporation located at 6333 N. Orange Blossom Trail in Orlando, Florida that received a Coronavirus-related PPP loan from the SBA of $2,503,842.00 in April, 2020.
The company has reported itself as a male owned business, and employed at least 239 people during the applicable loan loan period.
$ PPP Loan Information
Lender:JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
Orthomerica Products, Inc. in Orlando, FL received a Paycheck Protection Loan of $2.5M through JPMORGAN CHASE BANK, NATIONAL ASSOCIATION, which was approved in April, 2020.
Based on standard PPP eligibility rules, Orthomerica Products, Inc.'s total 2019 payroll expenses were approximately $12.02M in order to qualify for the PPP loan amount received.
Based on their reported 239 jobs retained, this equals an estimated average yearly compensation of $50,286 per employee1.
Business Information - Orthomerica Products, Inc. in Orlando, FL
6333 N. Orange Blossom Trail
Orlando, FL 32810
Surgical Appliance and Supplies Manufacturing (NAICS code 339113)
Business Owner Demographics
Race / Ethnicity: Unreported
Gender: MALE OWNED
Veteran Status: NON-VETERANCongressional District: FL-10
Industry PPP Comparison Statistics
Nationwide, 1,818 businesses in the "Surgical Appliance and Supplies Manufacturing" industry received a total of $300,003,901.00 in PPP loans. These businesses account for 0% of total PPP applications submitted, and received 0% of the total PPP funding allocated.
PPP recipients in this industry report an average of 12 employees, 95% lower than Orthomerica Products, Inc.'s reported 239 employees, and received an average PPP loan of $165,019, 93% lower than this company's loan of $2.5M.
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Footnotes & Information
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