PPP Loan information for Optimal control systems, inc.

$111,740

Optimal control systems, inc. was initially approved for PPP Loan of amount $111,740, the current approved amount is $111,740. The loan was approved on 04/27/2020 by The People's Bank of Commerce reported 11 jobs and $111,740 was used to fund payroll.

Optimal control systems, inc. is Existing or more than 2 years old

PPP Loan Search / OR / ALBANY / Optimal control systems, inc.

OPTIMAL CONTROL SYSTEMS, INC.

Date Approved

04/27/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

OPTIMAL CONTROL SYSTEMS, INC.

Borrower Address

2324 THREE LAKES RD SE

Borrower City

ALBANY

Borrower State

OR

Borrower Zip

97322-9701

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

111740.00

Current Approval Amount

111740.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122606

Servicing Lender Name

People's Bank of Commerce

Servicing Lender Address

1311 E Barnett Rd

Servicing Lender City

Medford

Servicing Lender State

OR

Servicing Lender Zip

97504

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ALBANY

Project County Name

LINN

Project State

OR

Project Zip

97322-9701

CD

OR-04

Jobs Reported

11

NAICS Code

335313

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

3000.00

Payroll Proceed

99690.00

Mortgage Interest Proceed

0.00

Rent Proceed

9050.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

122606

Originating Lender

People's Bank of Commerce

Originating Lender City

Medford

Originating Lender State

OR

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

113090.06

Forgiveness Date

07/21/2021

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