PPP Loan information for Otto brothers

$41,600

Otto brothers was initially approved for PPP Loan of amount $41,600, the current approved amount is $41,600. The loan was approved on 05/07/2020 by The First Northeast Bank of Nebraska reported 2 jobs and $41,600 was used to fund payroll.

Otto brothers is Existing or more than 2 years old

OTTO BROTHERS

Date Approved

05/07/2020

SBA Office Code

0766

Processing Method

PPP

Borrower Name

OTTO BROTHERS

Borrower Address

1406 COUNTY RD A

Borrower City

CERESCO

Borrower State

NE

Borrower Zip

68017-4022

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41600.00

Current Approval Amount

41600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

42336

Servicing Lender Name

First Northeast Bank of Nebraska

Servicing Lender Address

440 Main St

Servicing Lender City

LYONS

Servicing Lender State

NE

Servicing Lender Zip

68038-2580

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CERESCO

Project County Name

SAUNDERS

Project State

NE

Project Zip

68017-4022

CD

NE-02

Jobs Reported

2

NAICS Code

112111

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4150.00

Payroll Proceed

33300.00

Mortgage Interest Proceed

0.00

Rent Proceed

4150.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Partnership

Originating Lender Location Id

42336

Originating Lender

First Northeast Bank of Nebraska

Originating Lender City

LYONS

Originating Lender State

NE

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

41850.74

Forgiveness Date

12/15/2020

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