PPP Loan information for Optimal electronics corporation

$75,835

Optimal electronics corporation was initially approved for PPP Loan of amount $75,835, the current approved amount is $75,835. The loan was approved on 02/14/2021 by The Bank of America, National Association reported 2 jobs and $75,835 was used to fund payroll.

Optimal electronics corporation is Existing or more than 2 years old

OPTIMAL ELECTRONICS CORPORATION

Date Approved

02/14/2021

SBA Office Code

0681

Processing Method

PPS

Borrower Name

OPTIMAL ELECTRONICS CORPORATION

Borrower Address

1000 Heritage Center Cir

Borrower City

Round Rock

Borrower State

TX

Borrower Zip

78664-4463

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

75835.00

Current Approval Amount

75835.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Round Rock

Project County Name

WILLIAMSON

Project State

TX

Project Zip

78664-4463

CD

TX-31

Jobs Reported

2

NAICS Code

541511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

75832.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76233.91

Forgiveness Date

08/26/2021

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