PPP Loan information for Otts equipment repair

$17,800

Otts equipment repair was initially approved for PPP Loan of amount $17,800, the current approved amount is $17,800. The loan was approved on 04/28/2020 by The TowneBank reported 2 jobs and $17,800 was used to fund payroll.

Otts equipment repair is Existing or more than 2 years old

PPP Loan Search / NC / ELIZABETH CITY / Otts equipment repair

OTTS EQUIPMENT REPAIR

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OTTS EQUIPMENT REPAIR

Borrower Address

732 Foreman Bundy Rd.

Borrower City

ELIZABETH CITY

Borrower State

NC

Borrower Zip

27909

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

17800.00

Current Approval Amount

17800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELIZABETH CITY

Project County Name

PASQUOTANK

Project State

NC

Project Zip

27909-0033

CD

NC-01

Jobs Reported

2

NAICS Code

811219

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

17800.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

17986.41

Forgiveness Date

05/13/2021

;