Otto's Sea Grill INC

$170,000 PPP Loan in Freeport, New York

Loan Details

Loan Number
2235797709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$170,000
Current Approval
$170,000
Forgiveness Amount
$172,161
Forgiveness Date
Aug 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Otto's Sea Grill INC
Address
271 Woodcleft Ave
ZIP Code
11520
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722410)
Business Age
Existing or more than 2 years old
Jobs Reported
400
Estimated Revenue
$49.0M
Rural/Urban
Urban
Congressional District
NY-04

Loan Use Breakdown

Payroll
$70,000
Rent
$33,400
Utilities
$66,600

Lender Information

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

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