PPP Loan information for Optimization group, inc.

$98,862

Optimization group, inc. was initially approved for PPP Loan of amount $98,862, the current approved amount is $98,862. The loan was approved on 04/16/2020 by The JPMorgan Chase Bank, National Association reported 7 jobs and $98,862 was used to fund payroll.

Optimization group, inc. is Existing or more than 2 years old

PPP Loan Search / MI / ROYAL OAK / Optimization group, inc.

OPTIMIZATION GROUP, INC.

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OPTIMIZATION GROUP, INC.

Borrower Address

200 W 2ND ST UNIT 1468

Borrower City

ROYAL OAK

Borrower State

MI

Borrower Zip

48068

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

98862.00

Current Approval Amount

98862.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROYAL OAK

Project County Name

OAKLAND

Project State

MI

Project Zip

48068-0001

CD

MI-11

Jobs Reported

7

NAICS Code

541910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

2000.00

Payroll Proceed

89431.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

7431.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99475.60

Forgiveness Date

12/02/2020

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