Ottomatic, Inc.

$46,418 PPP Loan in Wayland, Michigan

Loan Details

Loan Number
3249737305
Date Approved
Apr 29, 2020
Loan Status
Paid in Full
Initial Approval
$46,418
Current Approval
$46,418
Forgiveness Amount
$47,020
Forgiveness Date
Aug 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ottomatic, Inc.
Address
104 S Main St
ZIP Code
49348-1712
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
13
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
MI-03

Loan Use Breakdown

Payroll
$35,113
Rent
$7,800
Utilities
$3,196
Health Care
$309

Lender Information

Servicing Lender
United Bank of Michigan
Originating Lender
United Bank of Michigan

Other PPP Loans in Wayland, MI

BusinessApproved
Windemuller Electric, Inc.$3,213,100NewBizBotAI Deep Dive
Windemuller Electric Inc.$2,000,000NewBizBotAI Deep Dive
Stampede Die Corp.$1,588,500NewBizBotAI Deep Dive
Stampede Die Corp.$1,588,500NewBizBotAI Deep Dive
Grand Flower Growers, Inc.$1,066,800NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free