# PPP loan: OTTATI FOODS LTD.
> **$268K** approved 05/01/2020 · Paid in Full · Loan `6830497705`
## Borrower
- **Name:** OTTATI FOODS LTD.
- **Address:** 163-07 29th Avenue, Flushing, NY, 11358
- **NAICS:** 445110
- **Business type:** Cooperative
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $268K
- **Initial approval:** $268K
- **Forgiven:** $232K (87%)
- **Forgiveness date:** 03/03/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $268K
- **Jobs reported:** 50
## Lender
- **Originating:** Citibank, N.A.
- **Servicing:** Citibank, N.A. (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*