PPP Loan information for Otto clips company

$134,140

Otto clips company was initially approved for PPP Loan of amount $134,140, the current approved amount is $134,140. The loan was approved on 01/28/2021 by The Wells Fargo Bank, National Association reported 25 jobs and $134,140 was used to fund payroll.

Otto clips company is Existing or more than 2 years old

OTTO CLIPS COMPANY

Date Approved

01/28/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

OTTO CLIPS COMPANY

Borrower Address

725 Taunton Rd

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19803-1709

Loan Status Date

04/14/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

134140.00

Current Approval Amount

134140.00

Undisbursed Amount

0.00

Franchise Name

Great Clips

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

19803-1709

CD

DE-

Jobs Reported

25

NAICS Code

812112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

134138.00

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

135158.10

Forgiveness Date

11/17/2021

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