PPP Loan information for Ofta llc

$1,820,983

Ofta llc was initially approved for PPP Loan of amount $1,820,983, the current approved amount is $1,820,983. The loan was approved on 04/07/2020 by The Mercantile Bank reported 156 jobs and $1,820,983 was used to fund payroll.

Ofta llc is Existing or more than 2 years old

PPP Loan Search / MI / GRAND RAPIDS / Ofta llc

OFTA LLC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OFTA LLC

Borrower Address

921 DIVISION AVE

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49503-1401

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1820982.50

Current Approval Amount

1820982.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49503-1401

CD

MI-03

Jobs Reported

156

NAICS Code

524127

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

36419.65

Payroll Proceed

1365736.88

Mortgage Interest Proceed

0.00

Rent Proceed

145678.60

Refinance EIDL Proceed

0.00

Health Care Proceed

273147.37

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1835101.35

Forgiveness Date

01/25/2021

;