108 OTC LLC (LA) - 2020 PPP Loan Borrower Profile (# 2302778406)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 108 OTC LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Louisiana.

Loan Detail

Loan Number
2302778406
SBA Office Code
0679
Processing Method
PPS
Curent Loan Amount
$29,937.5
Date Loan was Approved
Feb 3, 2021
Amount Forgiven
$30,409.02
Date Loan was Forgiven
Sep 9, 2022
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
29,931.5
Lender
First Horizon Bank

Business Detail

Business Type
Limited Liability Company(LLC)
NAICS
713940
Borrower Location
Lake Charles, LA
Project Location
Lake Charles, LA
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
15
Business Age Description
Existing or more than 2 years old
Data Source: SBA.