# PPP loan: OTR PAYROLL, LLC
> **$563K** approved 04/10/2020 · Paid in Full · Loan `1286307109`
## Borrower
- **Name:** OTR PAYROLL, LLC
- **Address:** 111 E. TROY ST STE. C, TUPELO, MS, 38804-4767
- **NAICS:** 541214
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $563K
- **Initial approval:** $563K
- **Forgiven:** $571K (101%)
- **Forgiveness date:** 08/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $422K
- **Rent:** $70K
- **Utilities:** $70K
- **Jobs reported:** 10
## Lender
- **Originating:** Insbank
- **Servicing:** Insbank (TN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*