PPP Loan information for Otago, inc.

$158,700

Otago, inc. was initially approved for PPP Loan of amount $158,700, the current approved amount is $158,700. The loan was approved on 04/07/2020 by The Alliance Bank reported 56 jobs and $158,700 was used to fund payroll.

Otago, inc. is Existing or more than 2 years old

OTAGO, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTAGO, INC.

Borrower Address

26999 680th Street

Borrower City

LAKE CITY

Borrower State

MN

Borrower Zip

55041-4955

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158700.00

Current Approval Amount

158700.00

Undisbursed Amount

0.00

Franchise Name

Subway

Servicing Lender Location Id

38294

Servicing Lender Name

Alliance Bank

Servicing Lender Address

105 E Lyon Ave

Servicing Lender City

LAKE CITY

Servicing Lender State

MN

Servicing Lender Zip

55041-1013

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE CITY

Project County Name

WABASHA

Project State

MN

Project Zip

55041-4955

CD

MN-01

Jobs Reported

56

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158700.00

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

38294

Originating Lender

Alliance Bank

Originating Lender City

LAKE CITY

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

159718.33

Forgiveness Date

12/09/2020

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