PPP Loan information for Otto's restaurant and bar inc.

$70,854

Otto's restaurant and bar inc. was initially approved for PPP Loan of amount $70,854, the current approved amount is $70,854. The loan was approved on 02/04/2021 by The TruMark Financial CU reported 20 jobs and $70,854 was used to fund payroll.

Otto's restaurant and bar inc. is Existing or more than 2 years old

PPP Loan Search / PA / Horsham / Otto's restaurant and bar inc.

OTTO'S RESTAURANT AND BAR INC.

Date Approved

02/04/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

OTTO'S RESTAURANT AND BAR INC.

Borrower Address

233 Easton Rd

Borrower City

Horsham

Borrower State

PA

Borrower Zip

19044-3132

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

70854.00

Current Approval Amount

70854.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

103966

Servicing Lender Name

TruMark Financial CU

Servicing Lender Address

335 Commerce Dr

Servicing Lender City

FORT WASHINGTON

Servicing Lender State

PA

Servicing Lender Zip

19034-2701

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Horsham

Project County Name

MONTGOMERY

Project State

PA

Project Zip

19044-3132

CD

PA-01

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

70852.00

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

Corporation

Originating Lender Location Id

103966

Originating Lender

TruMark Financial CU

Originating Lender City

FORT WASHINGTON

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

71178.75

Forgiveness Date

07/21/2021

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