Otterbase, Inc.
$5,505,395 PPP Loan in Grand Rapids, Michigan
Loan Details
- Loan Number
- 4815597104
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $5,505,395
- Current Approval
- $4,012,084
- Forgiveness Amount
- $4,058,938
- Forgiveness Date
- Jun 18, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otterbase, Inc.
- Address
- 555 3 Mile Rd NW
- City
- Grand Rapids
- State
- Michigan
- ZIP Code
- 49544
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Administrative and Support and Waste Management (561311)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 289
- Estimated Revenue
- $45.5M
- Rural/Urban
- Urban
- Congressional District
- MI-03
Loan Use Breakdown
- Payroll
- $3,947,219
- Rent
- $41,069
- Utilities
- $2,997
- Health Care
- $20,799
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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