PPP Loan information for Otto's imported cars, ltd

$1,754,900

Otto's imported cars, ltd was initially approved for PPP Loan of amount $1,754,900, the current approved amount is $1,754,900. The loan was approved on 04/14/2020 by The PNC Bank, National Association reported 113 jobs and $1,754,900 was used to fund payroll.

Otto's imported cars, ltd is Unanswered

OTTO'S IMPORTED CARS, LTD

Date Approved

04/14/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

OTTO'S IMPORTED CARS, LTD

Borrower Address

1275 Wilmington Pike

Borrower City

West Chester

Borrower State

PA

Borrower Zip

19382-8446

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1754900.00

Current Approval Amount

1754900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

West Chester

Project County Name

CHESTER

Project State

PA

Project Zip

19382-8446

CD

PA-06

Jobs Reported

113

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1754900.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1766550.59

Forgiveness Date

12/17/2020

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