PPP Loan information for Optimal infosystems inc

$178,450

Optimal infosystems inc was initially approved for PPP Loan of amount $178,450, the current approved amount is $178,450. The loan was approved on 04/15/2020 by The Provident Bank reported 10 jobs and $178,450 was used to fund payroll.

Optimal infosystems inc is Existing or more than 2 years old

OPTIMAL INFOSYSTEMS INC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OPTIMAL INFOSYSTEMS INC

Borrower Address

100 WOO AVE S SUITE 112

Borrower City

ISELIN

Borrower State

NJ

Borrower Zip

08830-2727

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178450.00

Current Approval Amount

178450.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ISELIN

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08830-2727

CD

NJ-06

Jobs Reported

10

NAICS Code

541519

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

178450.00

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

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

179892.27

Forgiveness Date

02/10/2021

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