Ofta LLC

$1,820,983 PPP Loan in Grand Rapids, Michigan

Loan Details

Loan Number
7641007007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$1,820,983
Current Approval
$1,820,983
Forgiveness Amount
$1,835,101
Forgiveness Date
Jan 25, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ofta LLC
Address
921 Division Ave
ZIP Code
49503-1401
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Finance and Insurance (524127)
Business Age
Existing or more than 2 years old
Jobs Reported
156
Estimated Revenue
$80.2M
Rural/Urban
Urban
Congressional District
MI-03

Loan Use Breakdown

Payroll
$1,365,737
Rent
$145,679
Utilities
$36,420
Health Care
$273,147

Lender Information

Servicing Lender
Mercantile Bank
Originating Lender
Mercantile Bank

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