Otsego Automotive Inc.
$391,600 PPP Loan in Oneonta, New York
Loan Details
- Loan Number
- 7792037002
- Date Approved
- Apr 8, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $391,600
- Current Approval
- $391,600
- Forgiveness Amount
- $394,271
- Forgiveness Date
- Dec 22, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Otsego Automotive Inc.
- Address
- 55 Oneida St
- City
- Oneonta
- State
- New York
- ZIP Code
- 13820-2107
- Business Type
- Corporation
- Industry (NAICS)
- Retail Trade (441110)
- Franchise
- General Motors, LLC (chevrolet, Buick, Gm, Cadillac) Dealer Sales and Service Agreement
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 32
- Estimated Revenue
- $8.1M
- Rural/Urban
- Rural
- Congressional District
- NY-19
Loan Use Breakdown
- Payroll
- $293,700
- Rent
- $48,950
- Utilities
- $48,950
Lender Information
- Servicing Lender
- Nbt Bank, National Association
- Originating Lender
- Nbt Bank, National Association
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