PPP Loan information for Otto's enterprises, llc

$61,785

Otto's enterprises, llc was initially approved for PPP Loan of amount $61,785, the current approved amount is $61,785. The loan was approved on 04/06/2020 by The First Security Bank & Trust Company reported 17 jobs and $61,785 was used to fund payroll.

Otto's enterprises, llc is Existing or more than 2 years old

PPP Loan Search / IA / CHARLES CITY / Otto's enterprises, llc

OTTO'S ENTERPRISES, LLC

Date Approved

04/06/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

OTTO'S ENTERPRISES, LLC

Borrower Address

1313 GILBERT ST

Borrower City

CHARLES CITY

Borrower State

IA

Borrower Zip

50616-1629

Loan Status Date

01/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

61785.00

Current Approval Amount

61785.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24745

Servicing Lender Name

First Security Bank & Trust Company

Servicing Lender Address

809 Clark St

Servicing Lender City

CHARLES CITY

Servicing Lender State

IA

Servicing Lender Zip

50616-2217

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLES CITY

Project County Name

FLOYD

Project State

IA

Project Zip

50616-1629

CD

IA-02

Jobs Reported

17

NAICS Code

453110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6178.50

Payroll Proceed

49428.00

Mortgage Interest Proceed

6178.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

24745

Originating Lender

First Security Bank & Trust Company

Originating Lender City

CHARLES CITY

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

62215.78

Forgiveness Date

12/23/2020

;