PPP Loan information for Otto ag

$115,779

Otto ag was initially approved for PPP Loan of amount $115,779, the current approved amount is $115,779. The loan was approved on 04/15/2020 by The United Valley Bank reported 7 jobs and $115,779 was used to fund payroll.

Otto ag is Existing or more than 2 years old

PPP Loan Search / ND / CRYSTAL / Otto ag

OTTO AG

Date Approved

04/15/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

OTTO AG

Borrower Address

661 6th St

Borrower City

CRYSTAL

Borrower State

ND

Borrower Zip

58222-4022

Loan Status Date

12/24/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

115779.00

Current Approval Amount

115779.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52701

Servicing Lender Name

United Valley Bank

Servicing Lender Address

211 Division Ave S

Servicing Lender City

CAVALIER

Servicing Lender State

ND

Servicing Lender Zip

58220

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CRYSTAL

Project County Name

PEMBINA

Project State

ND

Project Zip

58222-4022

CD

ND-

Jobs Reported

7

NAICS Code

115112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

7622.00

Payroll Proceed

107455.00

Mortgage Interest Proceed

702.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Sole Proprietorship

Originating Lender Location Id

52701

Originating Lender

United Valley Bank

Originating Lender City

CAVALIER

Originating Lender State

ND

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

116467.33

Forgiveness Date

11/25/2020

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