OTTELRAM INVESTMENTS, INC. (AK) - 2020 PPP Loan Borrower Profile (# 8055647100)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to OTTELRAM INVESTMENTS, INC.. 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 Alaska.

Loan Detail

Loan Number

8055647100

SBA Office Code

1084

Processing Method

PPP

Curent Loan Amount

$121,789.58

Date Loan was Approved

Apr 15, 2020

Amount Forgiven

$123,351.16

Date Loan was Forgiven

Aug 5, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

2,357.92

Payroll Proced

97,431.66

Rent Proceed

22,000

Lender

First National Bank Alaska

Business Detail

Business Type

Subchapter S Corporation

NAICS

441228

Borrower Location

PALMER, AK

Project Location

PALMER, AK

Rural/Urban

Rural

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.