PPP Loan information for Optimum controls corp

$1,336,743

Optimum controls corp was initially approved for PPP Loan of amount $1,336,743, the current approved amount is $1,336,743. The loan was approved on 04/27/2020 by The Fulton Bank, National Association reported 90 jobs and $1,336,743 was used to fund payroll.

Optimum controls corp is Existing or more than 2 years old

OPTIMUM CONTROLS CORP

Date Approved

04/27/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

OPTIMUM CONTROLS CORP

Borrower Address

1044 McArthur Rd

Borrower City

Reading

Borrower State

PA

Borrower Zip

19605

Loan Status Date

02/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1336742.50

Current Approval Amount

1336742.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19605-0003

CD

PA-04

Jobs Reported

90

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1002556.87

Mortgage Interest Proceed

334185.63

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

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1346656.67

Forgiveness Date

01/25/2021

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