PPP Loan information for Optimize social media inc

$919,000

Optimize social media inc was initially approved for PPP Loan of amount $935,400, the current approved amount is $919,000. The loan was approved on 04/03/2020 by The Platinum Bank reported 86 jobs and $919,000 was used to fund payroll.

Optimize social media inc is Existing or more than 2 years old

OPTIMIZE SOCIAL MEDIA INC

Date Approved

04/03/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OPTIMIZE SOCIAL MEDIA INC

Borrower Address

3510 Hopkins Pl. N. #W330-D

Borrower City

SAINT PAUL

Borrower State

MN

Borrower Zip

55128-7578

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

935400.00

Current Approval Amount

919000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

446001

Servicing Lender Name

Platinum Bank

Servicing Lender Address

7667 10th St N

Servicing Lender City

OAKDALE

Servicing Lender State

MN

Servicing Lender Zip

55128-5339

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAINT PAUL

Project County Name

WASHINGTON

Project State

MN

Project Zip

55128-7578

CD

MN-04

Jobs Reported

86

NAICS Code

519130

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

919000.00

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

Subchapter S Corporation

Originating Lender Location Id

446001

Originating Lender

Platinum Bank

Originating Lender City

OAKDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

926578.60

Forgiveness Date

02/10/2021

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