Otics Usa, Inc.

$4,320,050 PPP Loan in Morristown, Tennessee

Loan Details

Loan Number
9671167009
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$4,320,050
Current Approval
$4,320,050
Forgiveness Amount
$4,369,251
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Otics Usa, Inc.
Address
5555 Interstate View Drive
ZIP Code
37813
Business Type
Corporation
Industry (NAICS)
Manufacturing (336111)
Business Age
Existing or more than 2 years old
Jobs Reported
378
Estimated Revenue
$99.0M
Rural/Urban
Urban
Congressional District
TN-01

Loan Use Breakdown

Payroll
$4,070,050
Utilities
$250,000

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
First Horizon Bank

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