PPP Loan information for Otto construction, inc.

$271,500

Otto construction, inc. was initially approved for PPP Loan of amount $271,500, the current approved amount is $271,500. The loan was approved on 04/04/2020 by The Mid America Bank reported 22 jobs and $271,500 was used to fund payroll.

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

PPP Loan Search / MO / OSAGE BEACH / Otto construction, inc.

OTTO CONSTRUCTION, INC.

Date Approved

04/04/2020

SBA Office Code

0721

Processing Method

PPP

Borrower Name

OTTO CONSTRUCTION, INC.

Borrower Address

866 Hwy 42, Suite B

Borrower City

OSAGE BEACH

Borrower State

MO

Borrower Zip

65065-0001

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

271500.00

Current Approval Amount

271500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

41131

Servicing Lender Name

Mid America Bank

Servicing Lender Address

1511 Friendship Rd

Servicing Lender City

JEFFERSON CITY

Servicing Lender State

MO

Servicing Lender Zip

65101-8703

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OSAGE BEACH

Project County Name

CAMDEN

Project State

MO

Project Zip

65065-0001

CD

MO-03

Jobs Reported

22

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7000.00

Payroll Proceed

244400.00

Mortgage Interest Proceed

0.00

Rent Proceed

20100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

41131

Originating Lender

Mid America Bank

Originating Lender City

JEFFERSON CITY

Originating Lender State

MO

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273359.59

Forgiveness Date

12/17/2020

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