PPP Loan information for Otis information technologies, inc

$888,500

Otis information technologies, inc was initially approved for PPP Loan of amount $888,500, the current approved amount is $888,500. The loan was approved on 04/12/2020 by The PNC Bank, National Association reported 42 jobs and $888,500 was used to fund payroll.

Otis information technologies, inc is Unanswered

PPP Loan Search / DE / Wilmington / Otis information technologies, inc

OTIS INFORMATION TECHNOLOGIES, INC

Date Approved

04/12/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OTIS INFORMATION TECHNOLOGIES, INC

Borrower Address

3516 Silverside Rd, Suite 19

Borrower City

Wilmington

Borrower State

DE

Borrower Zip

19810-4911

Loan Status Date

05/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

888500.00

Current Approval Amount

888500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

Wilmington

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19810-4911

CD

DE-

Jobs Reported

42

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

888500.00

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

Subchapter S Corporation

Originating Lender Location Id

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

875710.37

Forgiveness Date

10/26/2021

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