PPP Loan information for Optical designs inc

$219,900

Optical designs inc was initially approved for PPP Loan of amount $219,900, the current approved amount is $219,900. The loan was approved on 01/30/2021 by The Bank of America, National Association reported 15 jobs and $219,900 was used to fund payroll.

Optical designs inc is Existing or more than 2 years old

OPTICAL DESIGNS INC

Date Approved

01/30/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OPTICAL DESIGNS INC

Borrower Address

1211 Highland Ave

Borrower City

Needham

Borrower State

MA

Borrower Zip

02492-2634

Loan Status Date

12/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

219900.00

Current Approval Amount

219900.00

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

02492-2634

CD

MA-04

Jobs Reported

15

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

219896.00

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

220996.49

Forgiveness Date

08/04/2021

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