PPP Loan information for Optotraffic llc

$388,000

Optotraffic llc was initially approved for PPP Loan of amount $388,000, the current approved amount is $388,000. The loan was approved on 02/17/2021 by The Old Dominion National Bank reported 30 jobs and $388,000 was used to fund payroll.

Optotraffic llc is Existing or more than 2 years old

OPTOTRAFFIC LLC

Date Approved

02/17/2021

SBA Office Code

0353

Processing Method

PPS

Borrower Name

OPTOTRAFFIC LLC

Borrower Address

4600 Forbes Blvd Ste 203

Borrower City

Lanham

Borrower State

MD

Borrower Zip

20706-4359

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

388000.00

Current Approval Amount

388000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

448691

Servicing Lender Name

Old Dominion National Bank

Servicing Lender Address

4916 Plank Rd

Servicing Lender City

NORTH GARDEN

Servicing Lender State

VA

Servicing Lender Zip

22959-1613

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Lanham

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20706-4359

CD

MD-04

Jobs Reported

30

NAICS Code

541990

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

387999.00

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

448691

Originating Lender

Old Dominion National Bank

Originating Lender City

NORTH GARDEN

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

389817.75

Forgiveness Date

08/10/2021

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