PPP Loan information for Otb machinery, inc

$58,631

Otb machinery, inc was initially approved for PPP Loan of amount $58,631, the current approved amount is $58,631. The loan was approved on 05/01/2020 by The Customers Bank reported 7 jobs and $58,631 was used to fund payroll.

Otb machinery, inc is Existing or more than 2 years old

OTB MACHINERY, INC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OTB MACHINERY, INC

Borrower Address

51 Proctor Road

Borrower City

Thomasville

Borrower State

NC

Borrower Zip

27360

Loan Status Date

03/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58631.00

Current Approval Amount

58631.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Thomasville

Project County Name

DAVIDSON

Project State

NC

Project Zip

27360-0001

CD

NC-08

Jobs Reported

7

NAICS Code

333243

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58631.00

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

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

59527.33

Forgiveness Date

11/17/2021

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