PPP Loan information for Otterstedt insurance agency inc.

$1,709,100

Otterstedt insurance agency inc. was initially approved for PPP Loan of amount $1,709,100, the current approved amount is $1,709,100. The loan was approved on 04/27/2020 by The Live Oak Banking Company reported 108 jobs and $1,709,100 was used to fund payroll.

Otterstedt insurance agency inc. is Existing or more than 2 years old

PPP Loan Search / NJ / Englewood Cliffs / Otterstedt insurance agency inc.

OTTERSTEDT INSURANCE AGENCY INC.

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OTTERSTEDT INSURANCE AGENCY INC.

Borrower Address

540 Sylvan Avenue

Borrower City

Englewood Cliffs

Borrower State

NJ

Borrower Zip

07632

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1709100.00

Current Approval Amount

1709100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Englewood Cliffs

Project County Name

BERGEN

Project State

NJ

Project Zip

07632-0001

CD

NJ-05

Jobs Reported

108

NAICS Code

524210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1709100.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1720010.15

Forgiveness Date

12/21/2020

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