PPP Loan information for Otis coates

$85,000

Otis coates was initially approved for PPP Loan of amount $85,000, the current approved amount is $85,000. The loan was approved on 04/16/2021 by The Readycap Lending, LLC reported 6 jobs and $85,000 was used to fund payroll.

Otis coates is Existing or more than 2 years old

OTIS COATES

Date Approved

04/16/2021

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OTIS COATES

Borrower Address

3020 Saint Clair Dr

Borrower City

Temple Hills

Borrower State

MD

Borrower Zip

20748-1639

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85000.00

Current Approval Amount

85000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

499141

Servicing Lender Name

Readycap Lending, LLC

Servicing Lender Address

200 Connell Drive Suite 4000

Servicing Lender City

BERKELEY HEIGHTS

Servicing Lender State

NJ

Servicing Lender Zip

07922

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Temple Hills

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20748-1639

CD

MD-04

Jobs Reported

6

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

84998.00

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

Sole Proprietorship

Originating Lender Location Id

499141

Originating Lender

Readycap Lending, LLC

Originating Lender City

BERKELEY HEIGHTS

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

85833.70

Forgiveness Date

05/05/2022

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