PPP Loan information for O'tech corporation

$1,170,252

O'tech corporation was initially approved for PPP Loan of amount $1,170,252, the current approved amount is $1,170,252. The loan was approved on 01/16/2021 by The Merchants and Manufacturers Bank reported 84 jobs and $1,170,252 was used to fund payroll.

O'tech corporation is Existing or more than 2 years old

PPP Loan Search / IN / Rolling Prairie / O'tech corporation

O'TECH CORPORATION

Date Approved

01/16/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

O'TECH CORPORATION

Borrower Address

4744 E Oak Knoll Rd

Borrower City

Rolling Prairie

Borrower State

IN

Borrower Zip

46371-9491

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1170252.00

Current Approval Amount

1170252.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rolling Prairie

Project County Name

LA PORTE

Project State

IN

Project Zip

46371-9491

CD

IN-02

Jobs Reported

84

NAICS Code

325211

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1170250.00

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

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1174802.98

Forgiveness Date

06/15/2021

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