Otm Hospitality Inc.
$78,960 PPP Loan in Ottumwa, Iowa
Loan Details
- Loan Number
- 5783518500
- Date Approved
- Mar 1, 2021
- Loan Status
- Paid in Full
- Initial Approval
- $78,960
- Current Approval
- $78,960
- Forgiveness Amount
- $79,481
- Forgiveness Date
- Nov 1, 2021
- Term
- 60 months
- Draw
- Second Draw
Business Information
- Business Name
- Otm Hospitality Inc.
- Address
- 943 N Quincy Ave
- City
- Ottumwa
- State
- Iowa
- ZIP Code
- 52501-3851
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Franchise
- Hampton Inn
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 16
- Estimated Revenue
- $5.0M
- Rural/Urban
- Rural
- Congressional District
- IA-03
Loan Use Breakdown
- Payroll
- $78,956
- Utilities
- $1
Lender Information
- Servicing Lender
- Northwest Bank & Trust Company
- Originating Lender
- Northwest Bank & Trust Company
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|---|---|---|
| Carroll Distributing and Construction Supply Esop | $3,897,600 | |
| Winger Contracting Company | $3,500,000 | |
| River Hills Community Health Center, Inc. | $1,755,865 | |
| Norris Asphalt Paving Co., Lc | $1,530,800 | |
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