PPP Loan information for Otac no 4, inc

$1,795,489

Otac no 4, inc was initially approved for PPP Loan of amount $1,795,489, the current approved amount is $1,795,489. The loan was approved on 04/07/2020 by The Sandy Spring Bank reported 479 jobs and $1,795,489 was used to fund payroll.

Otac no 4, inc is Existing or more than 2 years old

PPP Loan Search / MD / ANNAPOLIS / Otac no 4, inc

OTAC NO 4, INC

Date Approved

04/07/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OTAC NO 4, INC

Borrower Address

528 College Pkwy

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21409-4682

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1795489.00

Current Approval Amount

1795489.00

Undisbursed Amount

0.00

Franchise Name

Hardee's

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21409-4682

CD

MD-03

Jobs Reported

479

NAICS Code

722513

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1795489.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1816542.95

Forgiveness Date

06/28/2021

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