PPP Loan information for Osthoff condominium association, inc

$1,830,000

Osthoff condominium association, inc was initially approved for PPP Loan of amount $1,830,000, the current approved amount is $1,830,000. The loan was approved on 04/08/2020 by The Cleveland State Bank reported 425 jobs and $1,830,000 was used to fund payroll.

Osthoff condominium association, inc is Existing or more than 2 years old

OSTHOFF CONDOMINIUM ASSOCIATION, INC

Date Approved

04/08/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OSTHOFF CONDOMINIUM ASSOCIATION, INC

Borrower Address

101 Osthoff Ave PO Box 151

Borrower City

ELKHART LAKE

Borrower State

WI

Borrower Zip

53020-1976

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1830000.00

Current Approval Amount

1830000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75724

Servicing Lender Name

Cleveland State Bank

Servicing Lender Address

1250 W Washington Ave

Servicing Lender City

CLEVELAND

Servicing Lender State

WI

Servicing Lender Zip

53015-1425

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELKHART LAKE

Project County Name

SHEBOYGAN

Project State

WI

Project Zip

53020-1976

CD

WI-06

Jobs Reported

425

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

126000.00

Payroll Proceed

1464000.00

Mortgage Interest Proceed

0.00

Rent Proceed

50000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

110000.00

Debt Interest Proceed

80000

Business Type

Professional Association

Originating Lender Location Id

75724

Originating Lender

Cleveland State Bank

Originating Lender City

CLEVELAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1845707.50

Forgiveness Date

02/19/2021

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