PPP Loan information for Otis rhoton

$15,875

Otis rhoton was initially approved for PPP Loan of amount $15,875, the current approved amount is $15,875. The loan was approved on 05/20/2020 by The New Peoples Bank, Inc. reported 2 jobs and $15,875 was used to fund payroll.

Otis rhoton is Existing or more than 2 years old

PPP Loan Search / VA / GATE CITY / Otis rhoton

OTIS RHOTON

Date Approved

05/20/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OTIS RHOTON

Borrower Address

240 JACKSON ST Suite 101

Borrower City

GATE CITY

Borrower State

VA

Borrower Zip

24251-3419

Loan Status Date

02/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15875.00

Current Approval Amount

15875.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123348

Servicing Lender Name

New Peoples Bank, Inc.

Servicing Lender Address

53 Commerce Dr

Servicing Lender City

HONAKER

Servicing Lender State

VA

Servicing Lender Zip

24260

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GATE CITY

Project County Name

SCOTT

Project State

VA

Project Zip

24251-3419

CD

VA-09

Jobs Reported

2

NAICS Code

524126

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

15875.00

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

Sole Proprietorship

Originating Lender Location Id

123348

Originating Lender

New Peoples Bank, Inc.

Originating Lender City

HONAKER

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

15972.90

Forgiveness Date

12/31/2020

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