PPP Loan information for Otto drywall inc.

$144,432

Otto drywall inc. was initially approved for PPP Loan of amount $144,432, the current approved amount is $144,432. The loan was approved on 04/10/2020 by The Community Development Bank, FSB reported 9 jobs and $144,432 was used to fund payroll.

Otto drywall inc. is Existing or more than 2 years old

PPP Loan Search / MN / ELK RIVER / Otto drywall inc.

OTTO DRYWALL INC.

Date Approved

04/10/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OTTO DRYWALL INC.

Borrower Address

16150 HIGHWAY 10

Borrower City

ELK RIVER

Borrower State

MN

Borrower Zip

55330-7839

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

144432.00

Current Approval Amount

144432.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38719

Servicing Lender Name

Community Development Bank, FSB

Servicing Lender Address

516 Main St

Servicing Lender City

OGEMA

Servicing Lender State

MN

Servicing Lender Zip

56569

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ELK RIVER

Project County Name

SHERBURNE

Project State

MN

Project Zip

55330-7839

CD

MN-06

Jobs Reported

9

NAICS Code

238310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

144432.00

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

38719

Originating Lender

Community Development Bank, FSB

Originating Lender City

OGEMA

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

145326.68

Forgiveness Date

11/25/2020

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