PPP Loan information for Otsar family services, inc

$494,405

Otsar family services, inc was initially approved for PPP Loan of amount $494,405, the current approved amount is $494,405. The loan was approved on 04/12/2020 by The Cross River Bank reported 100 jobs and $494,405 was used to fund payroll.

Otsar family services, inc is Existing or more than 2 years old

OTSAR FAMILY SERVICES, INC

Date Approved

04/12/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

OTSAR FAMILY SERVICES, INC

Borrower Address

2324 W 13th St

Borrower City

Brooklyn

Borrower State

NY

Borrower Zip

11223-5639

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

494405.00

Current Approval Amount

494405.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Brooklyn

Project County Name

KINGS

Project State

NY

Project Zip

11223-5639

CD

NY-08

Jobs Reported

100

NAICS Code

624410

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

494405.00

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

Non-Profit Organization

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

500866.13

Forgiveness Date

08/12/2021

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