# PPP loan: OTTO AND MOORE, INC
> **$265K** approved 04/14/2020 · Paid in Full · Loan `6269067110`
## Borrower
- **Name:** OTTO AND MOORE, INC
- **Address:** 701 Eastchester Drive, HIGH POINT, NC, 27262-7637
- **NAICS:** 337125
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $265K
- **Initial approval:** $385K
- **Forgiven:** $267K (101%)
- **Forgiveness date:** 02/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $265K
- **Jobs reported:** 12
## Lender
- **Originating:** Truist Bank
- **Servicing:** Truist Bank (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*