PPP Loan information for Otel inc

$126,600

Otel inc was initially approved for PPP Loan of amount $126,600, the current approved amount is $126,600. The loan was approved on 02/08/2021 by The Franklin Bank & Trust Company reported 19 jobs and $126,600 was used to fund payroll.

Otel inc is Existing or more than 2 years old

PPP Loan Search / KY / Glasgow / Otel inc

OTEL INC

Date Approved

02/08/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

OTEL INC

Borrower Address

2387 Happy Valley Rd

Borrower City

Glasgow

Borrower State

KY

Borrower Zip

42141-8076

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

126600.00

Current Approval Amount

126600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27010

Servicing Lender Name

Franklin Bank & Trust Company

Servicing Lender Address

317 N Main St

Servicing Lender City

FRANKLIN

Servicing Lender State

KY

Servicing Lender Zip

42134-1815

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Glasgow

Project County Name

BARREN

Project State

KY

Project Zip

42141-8076

CD

KY-02

Jobs Reported

19

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126598.00

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

27010

Originating Lender

Franklin Bank & Trust Company

Originating Lender City

FRANKLIN

Originating Lender State

KY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127159.15

Forgiveness Date

07/20/2021

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