Otto's Enterprises, LLC

$61,785 PPP Loan in Charles City, Iowa

Loan Details

Loan Number
6246037000
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$61,785
Current Approval
$61,785
Forgiveness Amount
$62,216
Forgiveness Date
Dec 23, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Otto's Enterprises, LLC
Address
1313 Gilbert St
State
Iowa
ZIP Code
50616-1629
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (453110)
Business Age
Existing or more than 2 years old
Jobs Reported
17
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-02

Loan Use Breakdown

Payroll
$49,428
Utilities
$6,179
Mortgage Interest
$6,179

Lender Information

Servicing Lender
First Security Bank & Trust Company
Originating Lender
First Security Bank & Trust Company

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