PPP Loan information for Otto creative marketing inc.

$126,957

Otto creative marketing inc. was initially approved for PPP Loan of amount $126,957, the current approved amount is $126,957. The loan was approved on 03/04/2021 by The TowneBank reported 10 jobs and $126,957 was used to fund payroll.

Otto creative marketing inc. is Existing or more than 2 years old

OTTO CREATIVE MARKETING INC.

Date Approved

03/04/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

OTTO CREATIVE MARKETING INC.

Borrower Address

1611 Colley Ave

Borrower City

Norfolk

Borrower State

VA

Borrower Zip

23517-1677

Loan Status Date

04/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126957.00

Current Approval Amount

126957.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK CITY

Project State

VA

Project Zip

23517-1677

CD

VA-03

Jobs Reported

10

NAICS Code

541890

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

126954.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

128230.10

Forgiveness Date

03/02/2022

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