Otto Engineering
$1,800,000 PPP Loan in Carpentersville, Illinois
Loan Details
- Loan Number
- 2963948210
- Date Approved
- Aug 3, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $1,800,000
- Current Approval
- $1,800,000
- Forgiveness Amount
- $1,814,250
- Forgiveness Date
- May 25, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
- Business Name
- Otto Engineering
- Address
- 2 East Main Street
- City
- Carpentersville
- State
- Illinois
- ZIP Code
- 60110-2624
- Business Type
- Corporation
- Industry (NAICS)
- Manufacturing (335931)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $130.9M
- Rural/Urban
- Urban
- Congressional District
- IL-08
Loan Use Breakdown
- Payroll
- $1,800,000
Lender Information
- Servicing Lender
- First American Bank
- Originating Lender
- First American Bank
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