PPP Loan information for Otto enterprises inc.

$21,247

Otto enterprises inc. was initially approved for PPP Loan of amount $21,247, the current approved amount is $21,247. The loan was approved on 04/14/2021 by The First National Bank Minnesota reported 10 jobs and $21,247 was used to fund payroll.

Otto enterprises inc. is Existing or more than 2 years old

OTTO ENTERPRISES INC.

Date Approved

04/14/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OTTO ENTERPRISES INC.

Borrower Address

235 S Ash St

Borrower City

Belle Plaine

Borrower State

MN

Borrower Zip

56011-2103

Loan Status Date

08/11/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

21247.00

Current Approval Amount

21247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38865

Servicing Lender Name

First National Bank Minnesota

Servicing Lender Address

226 Nassau St

Servicing Lender City

SAINT PETER

Servicing Lender State

MN

Servicing Lender Zip

56082-2056

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Belle Plaine

Project County Name

SCOTT

Project State

MN

Project Zip

56011-2103

CD

MN-02

Jobs Reported

10

NAICS Code

713950

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

21242.00

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

38865

Originating Lender

First National Bank Minnesota

Originating Lender City

SAINT PETER

Originating Lender State

MN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

21307.20

Forgiveness Date

07/27/2021

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