PPP Loan information for Optical factory inc

$124,602

Optical factory inc was initially approved for PPP Loan of amount $124,602, the current approved amount is $124,602. The loan was approved on 05/08/2020 by The Celtic Bank Corporation reported 8 jobs and $124,602 was used to fund payroll.

Optical factory inc is Existing or more than 2 years old

OPTICAL FACTORY INC

Date Approved

05/08/2020

SBA Office Code

0235

Processing Method

PPP

Borrower Name

OPTICAL FACTORY INC

Borrower Address

2090 Hillside Avenue

Borrower City

New Hyde Park

Borrower State

NY

Borrower Zip

11040

Loan Status Date

07/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

124602.00

Current Approval Amount

124602.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New Hyde Park

Project County Name

NASSAU

Project State

NY

Project Zip

11040-0001

CD

NY-03

Jobs Reported

8

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

15575.25

Payroll Proceed

93451.50

Mortgage Interest Proceed

0.00

Rent Proceed

15575.25

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

125998.23

Forgiveness Date

06/22/2021

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