As part of the Paycheck Protection Program OTTO BAUM COMPANY, INC 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.

OTTO BAUM COMPANY, INC


Loan Amount	$3,027,500
BusinessName	OTTO BAUM COMPANY, INC
Address	866 N MAIN ST
City	MORTON
State	IL
Zip	61550
NAICSCode	236220
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	141
DateApproved	04/08/2020
Lender	Morton Community Bank
CD	IL-18
BusinessName.clean	OTTO BAUM COMPANY

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

OTTO BREHM
OTTO CANDIES
OTTO ENGINEERING
OTTO INSTRUMENT SERVICE
OTTO INTERNATIONAL