PPP Loan information for Otte restaurants, inc.

$38,500

Otte restaurants, inc. was initially approved for PPP Loan of amount $621,800, the current approved amount is $38,500. The loan was approved on 04/06/2020 by The Pinnacle Bank reported 182 jobs and $38,500 was used to fund payroll.

Otte restaurants, inc. is Existing or more than 2 years old

PPP Loan Search / NE / NORTH PLATTE / Otte restaurants, inc.

OTTE RESTAURANTS, INC.

Date Approved

04/06/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

OTTE RESTAURANTS, INC.

Borrower Address

1707 Alpha St.

Borrower City

NORTH PLATTE

Borrower State

NE

Borrower Zip

69101-4546

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

621800.00

Current Approval Amount

38500.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

42565

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

1401 'N' St

Servicing Lender City

LINCOLN

Servicing Lender State

NE

Servicing Lender Zip

68508

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH PLATTE

Project County Name

LINCOLN

Project State

NE

Project Zip

69101-4546

CD

NE-03

Jobs Reported

182

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

500.00

Payroll Proceed

38000.00

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

42565

Originating Lender

Pinnacle Bank

Originating Lender City

LINCOLN

Originating Lender State

NE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

38857.19

Forgiveness Date

03/17/2021

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