# PPP loan: OT SPORTS INDUSTRIES INC
> **$559K** approved 04/06/2020 · Paid in Full · Loan `5687877006`
## Borrower
- **Name:** OT SPORTS INDUSTRIES INC
- **Address:** 172 BOONE ST, BURLINGTON, NC, 27215-7406
- **NAICS:** 315210
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $559K
- **Initial approval:** $559K
- **Forgiven:** $563K (101%)
- **Forgiveness date:** 01/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $559K
- **Jobs reported:** 90
## Lender
- **Originating:** The Fidelity Bank
- **Servicing:** The Fidelity Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*