PPP Loan information for Optimized process furnaces, inc.

$289,000

Optimized process furnaces, inc. was initially approved for PPP Loan of amount $289,000, the current approved amount is $289,000. The loan was approved on 01/16/2021 by The Bank of Commerce reported 14 jobs and $289,000 was used to fund payroll.

Optimized process furnaces, inc. is Existing or more than 2 years old

PPP Loan Search / KS / Chanute / Optimized process furnaces, inc.

OPTIMIZED PROCESS FURNACES, INC.

Date Approved

01/16/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

OPTIMIZED PROCESS FURNACES, INC.

Borrower Address

3995 S Santa Fe Ave

Borrower City

Chanute

Borrower State

KS

Borrower Zip

66720-5402

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

289000.00

Current Approval Amount

289000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25747

Servicing Lender Name

Bank of Commerce

Servicing Lender Address

101 W Main St

Servicing Lender City

CHANUTE

Servicing Lender State

KS

Servicing Lender Zip

66720-1750

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chanute

Project County Name

NEOSHO

Project State

KS

Project Zip

66720-5402

CD

KS-02

Jobs Reported

14

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

288996.00

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

25747

Originating Lender

Bank of Commerce

Originating Lender City

CHANUTE

Originating Lender State

KS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

291652.47

Forgiveness Date

12/23/2021

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