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
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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