Otb Acquisition LLC
$10,000,000 PPP Loan in Irving, Texas
Loan Details
- Loan Number
- 6052607007
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,111,111
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otb Acquisition LLC
- Address
- 2201 W Royal Ln Ste 240
- City
- Irving
- State
- Texas
- ZIP Code
- 75063-3200
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Accommodation and Food Services (722511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 500
- Estimated Revenue
- $88.8M
- Rural/Urban
- Urban
- Congressional District
- TX-24
Loan Use Breakdown
- Payroll
- $8,000,000
- Rent
- $500,000
- Utilities
- $1,500,000
Lender Information
- Servicing Lender
- Cadence Bank
- Originating Lender
- Cadence Bank
Other PPP Loans in Irving, TX
| Business | Approved | |
|---|---|---|
| Pei Wei Asian Diner, LLC | $10,000,000 | |
| Cec Facilities Group LLC | $10,000,000 | |
| M Crowd Restaurant Group INC | $10,000,000 | |
| Team Car Care East, LLC | $9,945,207 | |
| Davaco, LP | $8,372,900 |
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