PPP Loan information for Otta, inc.

$136,553

Otta, inc. was initially approved for PPP Loan of amount $136,553, the current approved amount is $136,553. The loan was approved on 04/10/2020 by The Sandy Spring Bank reported 23 jobs and $136,553 was used to fund payroll.

Otta, inc. is Existing or more than 2 years old

OTTA, INC.

Date Approved

04/10/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OTTA, INC.

Borrower Address

609 A Taylor Ave

Borrower City

ANNAPOLIS

Borrower State

MD

Borrower Zip

21401

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

136553.00

Current Approval Amount

136553.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30872

Servicing Lender Name

Sandy Spring Bank

Servicing Lender Address

17801 Georgia Ave

Servicing Lender City

OLNEY

Servicing Lender State

MD

Servicing Lender Zip

20832-2233

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ANNAPOLIS

Project County Name

ANNE ARUNDEL

Project State

MD

Project Zip

21401-0001

CD

MD-03

Jobs Reported

23

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

136553.00

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

30872

Originating Lender

Sandy Spring Bank

Originating Lender City

OLNEY

Originating Lender State

MD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

137926.01

Forgiveness Date

04/23/2021

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