PPP Loan information for Optical designs inc

$245,250

Optical designs inc was initially approved for PPP Loan of amount $245,250, the current approved amount is $245,250. The loan was approved on 04/09/2020 by The Bank of America, National Association reported 11 jobs and $245,250 was used to fund payroll.

Optical designs inc is Existing or more than 2 years old

PPP Loan Search / MA / NEEDHAM / Optical designs inc

OPTICAL DESIGNS INC

Date Approved

04/09/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OPTICAL DESIGNS INC

Borrower Address

1211 HIGHLAND AVE

Borrower City

NEEDHAM

Borrower State

MA

Borrower Zip

02492-2603

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

245250.00

Current Approval Amount

245250.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NEEDHAM

Project County Name

NORFOLK

Project State

MA

Project Zip

02492-2603

CD

MA-04

Jobs Reported

11

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

245250.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

247830.16

Forgiveness Date

04/29/2021

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