PPP Loan information for Otto and moore, inc

$265,129

Otto and moore, inc was initially approved for PPP Loan of amount $384,600, the current approved amount is $265,129. The loan was approved on 04/14/2020 by The Truist Bank reported 12 jobs and $265,129 was used to fund payroll.

Otto and moore, inc is Existing or more than 2 years old

OTTO AND MOORE, INC

Date Approved

04/14/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OTTO AND MOORE, INC

Borrower Address

701 Eastchester Drive

Borrower City

HIGH POINT

Borrower State

NC

Borrower Zip

27262-7637

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

384600.00

Current Approval Amount

265129.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HIGH POINT

Project County Name

GUILFORD

Project State

NC

Project Zip

27262-7637

CD

NC-06

Jobs Reported

12

NAICS Code

337125

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265129.05

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

267345.82

Forgiveness Date

02/16/2021

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