PPP Loan information for Otis family enterprises llc

$50,000

Otis family enterprises llc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 04/11/2020 by The Celtic Bank Corporation reported 8 jobs and $50,000 was used to fund payroll.

Otis family enterprises llc is Existing or more than 2 years old

OTIS FAMILY ENTERPRISES LLC

Date Approved

04/11/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

OTIS FAMILY ENTERPRISES LLC

Borrower Address

2311 CROSS TIMBERS ROAD

Borrower City

FLOWER MOUND

Borrower State

TX

Borrower Zip

75028-2613

Loan Status Date

04/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FLOWER MOUND

Project County Name

DENTON

Project State

TX

Project Zip

75028-2613

CD

TX-26

Jobs Reported

8

NAICS Code

453910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2000.00

Payroll Proceed

39500.00

Mortgage Interest Proceed

8500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50443.06

Forgiveness Date

03/09/2021

;