PPP Loan information for Otto clips company

$92,292

Otto clips company was initially approved for PPP Loan of amount $92,292, the current approved amount is $92,292. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 35 jobs and $92,292 was used to fund payroll.

Otto clips company is Existing or more than 2 years old

OTTO CLIPS COMPANY

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OTTO CLIPS COMPANY

Borrower Address

725 TAUNTON ROAD

Borrower City

WILMINGTON

Borrower State

DE

Borrower Zip

19803

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

92292.00

Current Approval Amount

92292.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILMINGTON

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19803-0001

CD

DE-

Jobs Reported

35

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

92292.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

93108.72

Forgiveness Date

03/26/2021

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