# PPP loan: OTA AMERICA INC.
> **$287K** approved 02/19/2021 · Paid in Full · Loan `1619418505`
## Borrower
- **Name:** OTA AMERICA INC.
- **Address:** 16001 Manning Way, Cerritos, CA, 90703-2247
- **NAICS:** 483111
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $287K
- **Initial approval:** $287K
- **Forgiven:** $290K (101%)
- **Forgiveness date:** 03/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $287K
- **Utilities:** $1
- **Jobs reported:** 17
## Lender
- **Originating:** Shinhan Bank America
- **Servicing:** Shinhan Bank America (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*