PPP Loan information for Otto vending service, inc.

$318,145

Otto vending service, inc. was initially approved for PPP Loan of amount $318,145, the current approved amount is $318,145. The loan was approved on 04/06/2020 by The United Community Bank reported 41 jobs and $318,145 was used to fund payroll.

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

PPP Loan Search / IL / QUINCY / Otto vending service, inc.

OTTO VENDING SERVICE, INC.

Date Approved

04/06/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OTTO VENDING SERVICE, INC.

Borrower Address

2513 ELLINGTON RD

Borrower City

QUINCY

Borrower State

IL

Borrower Zip

62305-8828

Loan Status Date

02/01/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

318145.00

Current Approval Amount

318145.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20465

Servicing Lender Name

United Community Bank

Servicing Lender Address

301 N Main St

Servicing Lender City

CHATHAM

Servicing Lender State

IL

Servicing Lender Zip

62629-1019

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

QUINCY

Project County Name

ADAMS

Project State

IL

Project Zip

62305-8828

CD

IL-15

Jobs Reported

41

NAICS Code

454210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

318145.00

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

20465

Originating Lender

United Community Bank

Originating Lender City

CHATHAM

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

321158.54

Forgiveness Date

04/01/2021

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