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Otto Herrmann INC

$214,642 PPP Loan in Glendale, New York

Loan Details

Loan Number
2058887710
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$214,642
Current Approval
$214,642
Forgiveness Amount
$217,248
Forgiveness Date
Jul 22, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Otto Herrmann INC
Address
67-29 Myrtle Avenue
City
Glendale
State
New York
ZIP Code
11385
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423710)
Business Age
Existing or more than 2 years old
Jobs Reported
16
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
NY-07

Loan Use Breakdown

Payroll
$172,142
Rent
$8,000
Utilities
$6,000
Health Care
$28,500

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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