PPP Loan information for Jay otto enterprises inc

$40,000

Jay otto enterprises inc was initially approved for PPP Loan of amount $40,000, the current approved amount is $40,000. The loan was approved on 01/31/2021 by The Primis Bank reported 4 jobs and $40,000 was used to fund payroll.

Jay otto enterprises inc is Existing or more than 2 years old

JAY OTTO ENTERPRISES INC

Date Approved

01/31/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

JAY OTTO ENTERPRISES INC

Borrower Address

10411 Dow Gil Rd

Borrower City

Ashland

Borrower State

VA

Borrower Zip

23005-7639

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40000.00

Current Approval Amount

40000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434059

Servicing Lender Name

Primis Bank

Servicing Lender Address

307 Church Lane

Servicing Lender City

TAPPAHANNOCK

Servicing Lender State

VA

Servicing Lender Zip

22560

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ashland

Project County Name

HANOVER

Project State

VA

Project Zip

23005-7639

CD

VA-01

Jobs Reported

4

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39996.00

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

Subchapter S Corporation

Originating Lender Location Id

434059

Originating Lender

Primis Bank

Originating Lender City

TAPPAHANNOCK

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40291.51

Forgiveness Date

10/27/2021

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