PPP Loan information for Otto's meats, inc.

$72,400

Otto's meats, inc. was initially approved for PPP Loan of amount $72,400, the current approved amount is $72,400. The loan was approved on 04/14/2020 by The Bank of Luxemburg reported 10 jobs and $72,400 was used to fund payroll.

Otto's meats, inc. is Existing or more than 2 years old

OTTO'S MEATS, INC.

Date Approved

04/14/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OTTO'S MEATS, INC.

Borrower Address

N5674 ADAMS ST

Borrower City

LUXEMBURG

Borrower State

WI

Borrower Zip

54217-1344

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72400.00

Current Approval Amount

72400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76122

Servicing Lender Name

Bank of Luxemburg

Servicing Lender Address

630 Main St

Servicing Lender City

LUXEMBURG

Servicing Lender State

WI

Servicing Lender Zip

54217-1114

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LUXEMBURG

Project County Name

KEWAUNEE

Project State

WI

Project Zip

54217-1344

CD

WI-08

Jobs Reported

10

NAICS Code

445210

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2400.00

Payroll Proceed

67000.00

Mortgage Interest Proceed

1000.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

76122

Originating Lender

Bank of Luxemburg

Originating Lender City

LUXEMBURG

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

72930.93

Forgiveness Date

01/07/2021

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