PPP Loan information for Otterbase, inc.

$4,012,084

Otterbase, inc. was initially approved for PPP Loan of amount $5,505,395, the current approved amount is $4,012,084. The loan was approved on 04/13/2020 by The JPMorgan Chase Bank, National Association reported 289 jobs and $4,012,084 was used to fund payroll.

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

PPP Loan Search / MI / GRAND RAPIDS / Otterbase, inc.

OTTERBASE, INC.

Date Approved

04/13/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OTTERBASE, INC.

Borrower Address

555 3 MILE RD NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49544

Loan Status Date

07/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

5505395.00

Current Approval Amount

4012084.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49544-1300

CD

MI-03

Jobs Reported

289

NAICS Code

561311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2997.37

Payroll Proceed

3947218.98

Mortgage Interest Proceed

0.00

Rent Proceed

41068.99

Refinance EIDL Proceed

0.00

Health Care Proceed

20798.66

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

4058938.45

Forgiveness Date

06/18/2021

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