PPP Loan information for Ota franchise corp

$2,000,000

Ota franchise corp was initially approved for PPP Loan of amount $2,000,000, the current approved amount is $2,000,000. The loan was approved on 02/05/2021 by The Banc of California, National Association reported 125 jobs and $2,000,000 was used to fund payroll.

Ota franchise corp is Existing or more than 2 years old

PPP Loan Search / CA / Irvine / Ota franchise corp

OTA FRANCHISE CORP

Date Approved

02/05/2021

SBA Office Code

0920

Processing Method

PPS

Borrower Name

OTA FRANCHISE CORP

Borrower Address

17780 Fitch

Borrower City

Irvine

Borrower State

CA

Borrower Zip

92614-6038

Loan Status Date

06/17/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

2000000.00

Current Approval Amount

2000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

92611

Servicing Lender Name

Banc of California, National Association

Servicing Lender Address

3 MacArthur Pl, Ste 100

Servicing Lender City

SANTA ANA

Servicing Lender State

CA

Servicing Lender Zip

92707-6068

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Irvine

Project County Name

ORANGE

Project State

CA

Project Zip

92614-6038

CD

CA-47

Jobs Reported

125

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1999998.00

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

Corporation

Originating Lender Location Id

92611

Originating Lender

Banc of California, National Association

Originating Lender City

SANTA ANA

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2025753.42

Forgiveness Date

05/25/2022

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