PPP Loan information for Otto's ice cream, llc

$8,000

Otto's ice cream, llc was initially approved for PPP Loan of amount $8,000, the current approved amount is $8,000. The loan was approved on 04/27/2020 by The Farmers and Merchants Bank reported 9 jobs and $8,000 was used to fund payroll.

Otto's ice cream, llc is New Business or 2 years or less

PPP Loan Search / IN / CHURUBUSCO / Otto's ice cream, llc

OTTO'S ICE CREAM, LLC

Date Approved

04/27/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

OTTO'S ICE CREAM, LLC

Borrower Address

745 N MAIN ST

Borrower City

CHURUBUSCO

Borrower State

IN

Borrower Zip

46723-1003

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

8000.00

Current Approval Amount

8000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23865

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

6464 Merchants Dr

Servicing Lender City

LAOTTO

Servicing Lender State

IN

Servicing Lender Zip

46763-9629

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CHURUBUSCO

Project County Name

WHITLEY

Project State

IN

Project Zip

46723-1003

CD

IN-03

Jobs Reported

9

NAICS Code

722515

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

23865

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAOTTO

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8049.78

Forgiveness Date

12/09/2020

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