PPP Loan information for Otter inc.

$63,221

Otter inc. was initially approved for PPP Loan of amount $63,221, the current approved amount is $63,221. The loan was approved on 02/07/2021 by The Central State Bank reported 8 jobs and $63,221 was used to fund payroll.

Otter inc. is Existing or more than 2 years old

OTTER INC.

Date Approved

02/07/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

OTTER INC.

Borrower Address

69 Oak Tree Dr

Borrower City

Chelsea

Borrower State

AL

Borrower Zip

35043-3021

Loan Status Date

11/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

63221.03

Current Approval Amount

63221.03

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

1876

Servicing Lender Name

Central State Bank

Servicing Lender Address

11025 Hwy 25

Servicing Lender City

CALERA

Servicing Lender State

AL

Servicing Lender Zip

35040-6812

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chelsea

Project County Name

SHELBY

Project State

AL

Project Zip

35043-3021

CD

AL-06

Jobs Reported

8

NAICS Code

561740

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

63221.03

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

1876

Originating Lender

Central State Bank

Originating Lender City

CALERA

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63674.11

Forgiveness Date

10/29/2021

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