Private company

Otto Candies

Logo: ottocandies.com2

Otto Candies is an American marine transportation and towing company based in Des Allemands, founded in 1942.1

Last updated Oct 21, 2026.

Overview

1942Founded1
  • Industrywater transport1
  • HeadquartersDes Allemands, United States1
  • Websiteottocandies.com
  • Legal formlimited liability company1

Corporate structure

Otto Candies sits at the top of its group. 2 entities, 1 country on record. Switch between the flow chart and the network, and select any entity to see its details.

  • Otto Candies Des Allemands, United States
    • Candies Shipbuilders Subsidiary · Houma, United States

Built from subsidiaries, stakes and holdings from Wikidata (CC0); major holders from Schedules 13D and 13G. Each entity in the chart links to its source.

Subsidiaries and ownership

Subsidiaries

  • Candies Shipbuilders

From Wikidata.1

Timeline

  1. 1942Founded Founded1

Funding

Where the company's money came from, by calendar year: private offerings filed with the SEC, federal grants, loans, contracts and other assistance from USAspending.gov, and PPP loans from the SBA. Each bar links to the records below.

Money received by year$6.8M 2020–2021
Money received by yearMoney received by year, 2020–2021: $6.8M in all. PPP loans $6.8M.$0$2M$4M$6M2020 · PPP loans: $4.8M20202021 · PPP loans: $2.0M2021
Figures by year
YearPPP loansTotal
2021$2.0M$2.0M
2020$4.8M$4.8M

PPP loans

Paycheck Protection Program loans of $150,000 and up, approved April 2020 to July 2021, from the SBA3. Matched to this company by name and state.

  1. Apr 12, 2020$4.8M PPP loan (first draw) from Hancock Whitney Bank3To OTTO CANDIES, LLC, Des Allemands LA; $4.8M forgiven Jun 9, 2021
  2. Feb 2, 2021$2.0M PPP loan (second draw) from Hancock Whitney Bank3To OTTO CANDIES L.L.C., Des Allemands LA; $2.0M forgiven Mar 15, 2022

Sources

The numbers on this page point here. Each one links to the record it came from.

  1. 1
  2. 2
    Company websiteOtto Candies logo
  3. 3