PPP Loan information for Otis cafe inc.

$67,622

Otis cafe inc. was initially approved for PPP Loan of amount $67,622, the current approved amount is $67,622. The loan was approved on 03/20/2021 by The Umpqua Bank reported 4 jobs and $67,622 was used to fund payroll.

Otis cafe inc. is Existing or more than 2 years old

OTIS CAFE INC.

Date Approved

03/20/2021

SBA Office Code

1086

Processing Method

PPP

Borrower Name

OTIS CAFE INC.

Borrower Address

4618 SE Highway 101 Otis Cafe

Borrower City

Lincoln City

Borrower State

OR

Borrower Zip

97367-1543

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

67622.00

Current Approval Amount

67622.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lincoln City

Project County Name

LINCOLN

Project State

OR

Project Zip

97367-1543

CD

OR-05

Jobs Reported

4

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

67618.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

67970.30

Forgiveness Date

09/29/2021

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