PPP Loan information for William otto

$20,833

William otto was initially approved for PPP Loan of amount $20,833, the current approved amount is $20,833. The loan was approved on 04/24/2021 by The First Independent Bank reported 1 jobs and $20,833 was used to fund payroll.

William otto is Existing or more than 2 years old

WILLIAM OTTO

Date Approved

04/24/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

WILLIAM OTTO

Borrower Address

3834 180th Ave

Borrower City

Canby

Borrower State

MN

Borrower Zip

56220-2627

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

20833.00

Current Approval Amount

20833.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38814

Servicing Lender Name

First Independent Bank

Servicing Lender Address

300 Front St

Servicing Lender City

RUSSELL

Servicing Lender State

MN

Servicing Lender Zip

56169

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Canby

Project County Name

LINCOLN

Project State

MN

Project Zip

56220-2627

CD

MN-07

Jobs Reported

1

NAICS Code

112112

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

20831.00

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

38814

Originating Lender

First Independent Bank

Originating Lender City

RUSSELL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

20965.52

Forgiveness Date

12/14/2021

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