PPP Loan information for Otr firms co

$49,800

Otr firms co was initially approved for PPP Loan of amount $49,800, the current approved amount is $49,800. The loan was approved on 03/30/2021 by The Newtek Small Business Finance, Inc. reported 13 jobs and $49,800 was used to fund payroll.

Otr firms co is Existing or more than 2 years old

OTR FIRMS CO

Date Approved

03/30/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

OTR FIRMS CO

Borrower Address

39 7th St NW

Borrower City

Norton

Borrower State

VA

Borrower Zip

24273-5000

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49800.00

Current Approval Amount

49800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norton

Project County Name

NORTON CITY

Project State

VA

Project Zip

24273-5000

CD

VA-09

Jobs Reported

13

NAICS Code

221114

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

49797.00

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

Subchapter S Corporation

Originating Lender Location Id

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49964.62

Forgiveness Date

08/25/2021

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