PPP Loan information for Optimal motion llc

$70,397

Optimal motion llc was initially approved for PPP Loan of amount $70,397, the current approved amount is $70,397. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 6 jobs and $70,397 was used to fund payroll.

Optimal motion llc is New Business or 2 years or less

OPTIMAL MOTION LLC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OPTIMAL MOTION LLC

Borrower Address

950 HERNDON PKWY STE 425

Borrower City

HERNDON

Borrower State

VA

Borrower Zip

20170-5537

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

70397.00

Current Approval Amount

70397.00

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

N

Business Age Description

New Business or 2 years or less

Project City

HERNDON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-5537

CD

VA-11

Jobs Reported

6

NAICS Code

621340

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

70397.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

43921.97

Forgiveness Date

09/02/2021

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