PPP borrower record
OFTA LLC PPP loan record
Public SBA PPP loan record for OFTA LLC. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$1,820,983
Approved amount
$1,835,101
Forgiven amount
2020-04-07
Date approved
Borrower and loan details
Borrower
OFTA LLC
Loan number
7641007007
Business type
Limited Liability Company
Business age
Existing or more than 2 years old
Borrower city
Grand Rapids
Borrower state
Michigan
Borrower ZIP
49503
Jobs reported
156
Loan status
Paid in Full
Forgiveness date
2021-01-25
Servicing lender
Mercantile Bank of Michigan
Originating lender
Mercantile Bank of Michigan
Reported use of proceeds
Payroll
$1,365,737
Rent
$145,679
Utilities
$36,420
Mortgage interest
N/A
Health care
$273,147
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.