As part of the Paycheck Protection Program OFTA LLC was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

OFTA LLC


Loan Amount	$1,820,982
BusinessName	OFTA LLC
Address	921 DIVISION AVE
City	GRAND RAPIDS
State	MI
Zip	49503
NAICSCode	524127
BusinessType	Limited Liability Company(LLC)
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	156
DateApproved	04/07/2020
Lender	Mercantile Bank of Michigan
CD	MI-03
BusinessName.clean	OFTA

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

OFTEDAL CONSTRUCTION
OGAN HOSPITALITY
ARCHER MALMO
OGBURN LEASING
OGDEN COMPANY