PPP Loan information for The otto company

$101,300

The otto company was initially approved for PPP Loan of amount $101,300, the current approved amount is $101,300. The loan was approved on 04/07/2020 by The Union Savings Bank reported 5 jobs and $101,300 was used to fund payroll.

The otto company is Existing or more than 2 years old

THE OTTO COMPANY

Date Approved

04/07/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

THE OTTO COMPANY

Borrower Address

17 BEAVER BROOK RD

Borrower City

DANBURY

Borrower State

CT

Borrower Zip

06810-6210

Loan Status Date

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

101300.00

Current Approval Amount

101300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16112

Servicing Lender Name

Union Savings Bank

Servicing Lender Address

226 Main St

Servicing Lender City

DANBURY

Servicing Lender State

CT

Servicing Lender Zip

06810-6635

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DANBURY

Project County Name

FAIRFIELD

Project State

CT

Project Zip

06810-6210

CD

CT-05

Jobs Reported

5

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

101300.00

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

16112

Originating Lender

Union Savings Bank

Originating Lender City

DANBURY

Originating Lender State

CT

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

102099.14

Forgiveness Date

02/03/2021

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