Otel, INC

$90,400 PPP Loan in Glasgow, Kentucky

Loan Details

Loan Number
2044147100
Date Approved
Apr 10, 2020
Loan Status
Paid in Full
Initial Approval
$90,400
Current Approval
$90,400
Forgiveness Amount
$91,065
Forgiveness Date
Jan 7, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Otel, INC
Address
2387 Happy Valley Rd
ZIP Code
42141-8076
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
KY-02

Loan Use Breakdown

Payroll
$67,800
Rent
$13,560
Utilities
$9,040

Lender Information

Servicing Lender
Franklin Bank & Trust Company
Originating Lender
Franklin Bank & Trust Company

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