PPP Loan information for Otto cadillac inc.

$298,100

Otto cadillac inc. was initially approved for PPP Loan of amount $298,100, the current approved amount is $298,100. The loan was approved on 02/05/2021 by The Trustco Bank reported 24 jobs and $298,100 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

02/05/2021

SBA Office Code

0248

Processing Method

PPS

Borrower Name

OTTO CADILLAC INC.

Borrower Address

1769 Central Ave

Borrower City

Albany

Borrower State

NY

Borrower Zip

12205-4734

Loan Status Date

11/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

298100.00

Current Approval Amount

298100.00

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

24

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

298100.00

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

300012.81

Forgiveness Date

09/29/2021

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