Ota Compression, LLC

$846,100 PPP Loan in Granbury, Texas

Loan Details

Loan Number
4831497000
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$846,100
Current Approval
$846,193
Forgiveness Amount
$852,777
Forgiveness Date
Jan 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ota Compression, LLC
Address
120 Industrial Avenue
State
Texas
ZIP Code
76049-7809
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Manufacturing (333132)
Business Age
Existing or more than 2 years old
Jobs Reported
58
Estimated Revenue
$15.2M
Rural/Urban
Rural
Congressional District
TX-25

Loan Use Breakdown

Payroll
$786,193
Rent
$40,000
Utilities
$20,000

Lender Information

Servicing Lender
Veritex Community Bank
Originating Lender
Veritex Community Bank

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