PPP Loan information for Otm communication inc

$10,000

Otm communication inc was initially approved for PPP Loan of amount $10,000, the current approved amount is $10,000. The loan was approved on 02/08/2021 by The Regions Bank reported 2 jobs and $10,000 was used to fund payroll.

Otm communication inc is Existing or more than 2 years old

PPP Loan Search / AL / Hoover / Otm communication inc

OTM COMMUNICATION INC

Date Approved

02/08/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

OTM COMMUNICATION INC

Borrower Address

720 Bailey Brook Cir

Borrower City

Hoover

Borrower State

AL

Borrower Zip

35244-1701

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000.00

Current Approval Amount

10000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Hoover

Project County Name

SHELBY

Project State

AL

Project Zip

35244-1701

CD

AL-06

Jobs Reported

2

NAICS Code

517312

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

9998.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

10050.96

Forgiveness Date

08/18/2021

;