PPP Loan information for Ottocompanies, inc

$38,000

Ottocompanies, inc was initially approved for PPP Loan of amount $38,000, the current approved amount is $38,000. The loan was approved on 04/04/2020 by The Farmers State Bank reported 11 jobs and $38,000 was used to fund payroll.

Ottocompanies, inc is Existing or more than 2 years old

OTTOCOMPANIES, INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

OTTOCOMPANIES, INC

Borrower Address

303 CHURCH ST

Borrower City

FAIRFAX

Borrower State

IA

Borrower Zip

52228-4702

Loan Status Date

02/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

38000.00

Current Approval Amount

38000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFAX

Project County Name

LINN

Project State

IA

Project Zip

52228-4702

CD

IA-02

Jobs Reported

11

NAICS Code

722410

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

38000.00

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

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

38281.83

Forgiveness Date

01/07/2021

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