PPP Loan information for Ottomali inc

$39,974

Ottomali inc was initially approved for PPP Loan of amount $39,974, the current approved amount is $39,974. The loan was approved on 04/01/2021 by The Readycap Lending, LLC reported 23 jobs and $39,974 was used to fund payroll.

Ottomali inc is Existing or more than 2 years old

OTTOMALI INC

Date Approved

04/01/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

OTTOMALI INC

Borrower Address

23412 Sussex Hwy

Borrower City

Seaford

Borrower State

DE

Borrower Zip

19973-5867

Loan Status Date

02/17/2023

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39974.00

Current Approval Amount

39974.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Seaford

Project County Name

SUSSEX

Project State

DE

Project Zip

19973-5867

CD

DE-

Jobs Reported

23

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39968.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

37552.47

Forgiveness Date

10/14/2022

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