PPP Loan information for Otts enterprises, inc.

$19,416

Otts enterprises, inc. was initially approved for PPP Loan of amount $19,416, the current approved amount is $19,416. The loan was approved on 04/28/2020 by The First State Bank of the South, Inc. reported 5 jobs and $19,416 was used to fund payroll.

Otts enterprises, inc. is Existing or more than 2 years old

PPP Loan Search / AL / SULLIGENT / Otts enterprises, inc.

OTTS ENTERPRISES, INC.

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

OTTS ENTERPRISES, INC.

Borrower Address

4255 HIGHWAY 278

Borrower City

SULLIGENT

Borrower State

AL

Borrower Zip

35586-4523

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19415.65

Current Approval Amount

19415.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

3293

Servicing Lender Name

First State Bank of the South, Inc.

Servicing Lender Address

5856 Hwy 278

Servicing Lender City

SULLIGENT

Servicing Lender State

AL

Servicing Lender Zip

35586-5586

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SULLIGENT

Project County Name

LAMAR

Project State

AL

Project Zip

35586-4523

CD

AL-04

Jobs Reported

5

NAICS Code

812210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1415.65

Payroll Proceed

16000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

3293

Originating Lender

First State Bank of the South, Inc.

Originating Lender City

SULLIGENT

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

19517.04

Forgiveness Date

11/05/2020

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