PPP Loan information for Otis logging, inc.

$159,600

Otis logging, inc. was initially approved for PPP Loan of amount $159,600, the current approved amount is $159,600. The loan was approved on 04/08/2020 by The Bank of Franklin reported 11 jobs and $159,600 was used to fund payroll.

Otis logging, inc. is Existing or more than 2 years old

PPP Loan Search / MS / MCCOMB / Otis logging, inc.

OTIS LOGGING, INC.

Date Approved

04/08/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

OTIS LOGGING, INC.

Borrower Address

116 PRICE ST

Borrower City

MCCOMB

Borrower State

MS

Borrower Zip

39648-3739

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

159600.00

Current Approval Amount

159600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39593

Servicing Lender Name

Bank of Franklin

Servicing Lender Address

9 Main St E

Servicing Lender City

MEADVILLE

Servicing Lender State

MS

Servicing Lender Zip

39653-9294

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MCCOMB

Project County Name

PIKE

Project State

MS

Project Zip

39648-3739

CD

MS-03

Jobs Reported

11

NAICS Code

113310

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

159600.00

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

Subchapter S Corporation

Originating Lender Location Id

39593

Originating Lender

Bank of Franklin

Originating Lender City

MEADVILLE

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

160695.03

Forgiveness Date

12/17/2020

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