# PPP loan: OTO, INC.
> **$174K** approved 06/26/2020 · Exemption 4 · Loan `4643518003`
## Borrower
- **Name:** OTO, INC.
- **Address:** 304 6TH AVE S, SEATTLE, WA, 98104-2714
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $150K (86%)
- **Forgiveness date:** 11/17/2021
- **Status:** Exemption 4
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Jobs reported:** 20
## Lender
- **Originating:** Umpqua Bank
- **Servicing:** Umpqua Bank (OR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*