PPP Loan information for Otto cadillac, inc.

$251,000

Otto cadillac, inc. was initially approved for PPP Loan of amount $251,000, the current approved amount is $251,000. The loan was approved on 04/10/2020 by The Trustco Bank reported 23 jobs and $251,000 was used to fund payroll.

Otto cadillac, inc. is Existing or more than 2 years old

PPP Loan Search / NY / ALBANY / Otto cadillac, inc.

OTTO CADILLAC, INC.

Date Approved

04/10/2020

SBA Office Code

0248

Processing Method

PPP

Borrower Name

OTTO CADILLAC, INC.

Borrower Address

1769 Central Ave.

Borrower City

ALBANY

Borrower State

NY

Borrower Zip

12205-4734

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

251000.00

Current Approval Amount

251000.00

Undisbursed Amount

0.00

Franchise Name

General Motors, LLC (Chevrolet, Buick, GM, Cadillac) Dealer Sales and Service Agreement

Servicing Lender Location Id

89116

Servicing Lender Name

Trustco Bank

Servicing Lender Address

1 Sarnowski Dr

Servicing Lender City

GLENVILLE

Servicing Lender State

NY

Servicing Lender Zip

12302-3503

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

ALBANY

Project State

NY

Project Zip

12205-4734

CD

NY-20

Jobs Reported

23

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

251000.00

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

Corporation

Originating Lender Location Id

89116

Originating Lender

Trustco Bank

Originating Lender City

GLENVILLE

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

253126.53

Forgiveness Date

02/18/2021

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