# PPP loan: NICHOLAS L OTTO
> **$175K** approved 04/04/2021 · Paid in Full · Loan `6708398702`
## Borrower
- **Name:** NICHOLAS L OTTO
- **Address:** 8434 136th Ave NE, Crystal, ND, 58222
- **NAICS:** 115112
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $175K
- **Initial approval:** $175K
- **Forgiven:** $176K (100%)
- **Forgiveness date:** 09/28/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $175K
- **Utilities:** $1
- **Jobs reported:** 8
## Lender
- **Originating:** United Valley Bank
- **Servicing:** United Valley Bank (ND)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*