PPP Loan information for Ots albemarle inc

$64,513

Ots albemarle inc was initially approved for PPP Loan of amount $64,513, the current approved amount is $64,513. The loan was approved on 01/21/2021 by The Uwharrie Bank reported 11 jobs and $64,513 was used to fund payroll.

Ots albemarle inc is Existing or more than 2 years old

PPP Loan Search / NC / Albemarle / Ots albemarle inc

OTS ALBEMARLE INC

Date Approved

01/21/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

OTS ALBEMARLE INC

Borrower Address

114 S 2nd St

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-4802

Loan Status Date

11/03/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

64513.40

Current Approval Amount

64513.40

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-4802

CD

NC-08

Jobs Reported

11

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

64510.40

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

Limited Liability Company(LLC)

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

64995.46

Forgiveness Date

10/25/2021

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