# PPP loan: OTTO CREATIVE MARKETING, INC
> **$166K** approved 04/10/2020 · Paid in Full · Loan `2258247101`
## Borrower
- **Name:** OTTO CREATIVE MARKETING, INC
- **Address:** 1611 C Colley Avenue, NORFOLK, VA, 23517-1609
- **NAICS:** 541810
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $166K
- **Initial approval:** $166K
- **Forgiven:** $168K (101%)
- **Forgiveness date:** 05/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $166K
- **Jobs reported:** 10
## Lender
- **Originating:** TowneBank
- **Servicing:** TowneBank (VA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*