PPP Loan information for Modern optical international, ltd.

$1,390,771

Modern optical international, ltd. was initially approved for PPP Loan of amount $1,390,700, the current approved amount is $1,390,771. The loan was approved on 04/05/2020 by The Village Bank and Trust, National Association reported 111 jobs and $1,390,771 was used to fund payroll.

Modern optical international, ltd. is Existing or more than 2 years old

PPP Loan Search / FL / BOYNTON BEACH / Modern optical international, ltd.

MODERN OPTICAL INTERNATIONAL, LTD.

Date Approved

04/05/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

MODERN OPTICAL INTERNATIONAL, LTD.

Borrower Address

CONGRESS AVE

Borrower City

BOYNTON BEACH

Borrower State

FL

Borrower Zip

33426-3446

Loan Status Date

03/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1390700.00

Current Approval Amount

1390771.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

119325

Servicing Lender Name

Village Bank and Trust, National Association

Servicing Lender Address

234 W Northwest Hwy

Servicing Lender City

ARLINGTON HEIGHTS

Servicing Lender State

IL

Servicing Lender Zip

60004-5934

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BOYNTON BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33426-3446

CD

FL-22

Jobs Reported

111

NAICS Code

423490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

86923.19

Payroll Proceed

1043078.25

Mortgage Interest Proceed

0.00

Rent Proceed

86923.19

Refinance EIDL Proceed

0.00

Health Care Proceed

86923.19

Debt Interest Proceed

86923.18

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

119325

Originating Lender

Village Bank and Trust, National Association

Originating Lender City

ARLINGTON HEIGHTS

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

774266.55

Forgiveness Date

11/10/2020

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