PPP Loan information for O-town communications, inc.

$148,600

O-town communications, inc. was initially approved for PPP Loan of amount $148,600, the current approved amount is $148,600. The loan was approved on 04/27/2020 by The Community 1st CU reported 20 jobs and $148,600 was used to fund payroll.

O-town communications, inc. is Existing or more than 2 years old

O-TOWN COMMUNICATIONS, INC.

Date Approved

04/27/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

O-TOWN COMMUNICATIONS, INC.

Borrower Address

416 East Main

Borrower City

OTTUMWA

Borrower State

IA

Borrower Zip

52501-0001

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

148600.00

Current Approval Amount

148600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

96901

Servicing Lender Name

Community 1st CU

Servicing Lender Address

1100 Hutchinson Ave

Servicing Lender City

OTTUMWA

Servicing Lender State

IA

Servicing Lender Zip

52501-9731

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OTTUMWA

Project County Name

WAPELLO

Project State

IA

Project Zip

52501-0001

CD

IA-03

Jobs Reported

20

NAICS Code

515112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

148600.00

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

Corporation

Originating Lender Location Id

96901

Originating Lender

Community 1st CU

Originating Lender City

OTTUMWA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

150261.06

Forgiveness Date

06/10/2021

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