PPP Loan information for Ottomali inc

$51,500

Ottomali inc was initially approved for PPP Loan of amount $10,000, the current approved amount is $51,500. The loan was approved on 04/15/2020 by The Customers Bank reported 16 jobs and $51,500 was used to fund payroll.

Ottomali inc is Existing or more than 2 years old

PPP Loan Search / DE / Seaford / Ottomali inc

OTTOMALI INC

Date Approved

04/15/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OTTOMALI INC

Borrower Address

23412 Sussex Highway

Borrower City

Seaford

Borrower State

DE

Borrower Zip

19973

Loan Status Date

04/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

51500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

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

19973-0001

CD

DE-

Jobs Reported

16

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

51500.00

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

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51886.60

Forgiveness Date

03/01/2021

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