PPP Loan information for Otec precision finish inc

$144,250

Otec precision finish inc was initially approved for PPP Loan of amount $144,250, the current approved amount is $144,250. The loan was approved on 01/20/2021 by The Bank Rhode Island reported 8 jobs and $144,250 was used to fund payroll.

Otec precision finish inc is Existing or more than 2 years old

PPP Loan Search / RI / North Kingstown / Otec precision finish inc

OTEC PRECISION FINISH INC

Date Approved

01/20/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

OTEC PRECISION FINISH INC

Borrower Address

44 Cross Park Ave

Borrower City

North Kingstown

Borrower State

RI

Borrower Zip

02852-7448

Loan Status Date

03/29/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

144250.00

Current Approval Amount

144250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Kingstown

Project County Name

WASHINGTON

Project State

RI

Project Zip

02852-7448

CD

RI-02

Jobs Reported

8

NAICS Code

423830

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

144248.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

144983.27

Forgiveness Date

08/03/2021

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