PPP Loan information for Optimal networks, inc.

$650,080

Optimal networks, inc. was initially approved for PPP Loan of amount $650,080, the current approved amount is $650,080. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 36 jobs and $650,080 was used to fund payroll.

Optimal networks, inc. is Existing or more than 2 years old

PPP Loan Search / MD / Rockville / Optimal networks, inc.

OPTIMAL NETWORKS, INC.

Date Approved

04/14/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OPTIMAL NETWORKS, INC.

Borrower Address

15201 Diamondback Drive Suite 220

Borrower City

Rockville

Borrower State

MD

Borrower Zip

20850

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

650080.00

Current Approval Amount

650080.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rockville

Project County Name

MONTGOMERY

Project State

MD

Project Zip

20850-0200

CD

MD-08

Jobs Reported

36

NAICS Code

541513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

593520.00

Mortgage Interest Proceed

0.00

Rent Proceed

17744.00

Refinance EIDL Proceed

0.00

Health Care Proceed

38816.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

654853.19

Forgiveness Date

01/14/2021

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