PPP Loan information for Otic inc.

$32,100

Otic inc. was initially approved for PPP Loan of amount $32,100, the current approved amount is $32,100. The loan was approved on 02/18/2021 by The Upper Peninsula State Bank reported 17 jobs and $32,100 was used to fund payroll.

Otic inc. is Existing or more than 2 years old

PPP Loan Search / MI / Escanaba / Otic inc.

OTIC INC.

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OTIC INC.

Borrower Address

2510 1st Ave N

Borrower City

Escanaba

Borrower State

MI

Borrower Zip

49829-1385

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

32100.00

Current Approval Amount

32100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34514

Servicing Lender Name

Upper Peninsula State Bank

Servicing Lender Address

430 N Lincoln Rd

Servicing Lender City

ESCANABA

Servicing Lender State

MI

Servicing Lender Zip

49829-1365

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Escanaba

Project County Name

DELTA

Project State

MI

Project Zip

49829-1385

CD

MI-01

Jobs Reported

17

NAICS Code

713950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

32098.00

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

34514

Originating Lender

Upper Peninsula State Bank

Originating Lender City

ESCANABA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

32289.96

Forgiveness Date

09/29/2021

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