PPP Loan information for Otb acquisition llc

$10,000,000

Otb acquisition llc was initially approved for PPP Loan of amount $10,000,000, the current approved amount is $10,000,000. The loan was approved on 04/06/2020 by The Cadence Bank reported 500 jobs and $10,000,000 was used to fund payroll.

Otb acquisition llc is Existing or more than 2 years old

PPP Loan Search / TX / IRVING / Otb acquisition llc

OTB ACQUISITION LLC

Date Approved

04/06/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

OTB ACQUISITION LLC

Borrower Address

2201 W ROYAL LN STE 240

Borrower City

IRVING

Borrower State

TX

Borrower Zip

75063-3200

Loan Status Date

07/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

10000000.00

Current Approval Amount

10000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVING

Project County Name

DALLAS

Project State

TX

Project Zip

75063-3200

CD

TX-24

Jobs Reported

500

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500000.00

Payroll Proceed

8000000.00

Mortgage Interest Proceed

0.00

Rent Proceed

500000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

10111111.11

Forgiveness Date

06/11/2021

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