PPP Loan information for Optimal satcom,inc

$686,485

Optimal satcom,inc was initially approved for PPP Loan of amount $686,485, the current approved amount is $686,485. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 35 jobs and $686,485 was used to fund payroll.

Optimal satcom,inc is New Business or 2 years or less

OPTIMAL SATCOM,INC

Date Approved

05/01/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

OPTIMAL SATCOM,INC

Borrower Address

600 HERNDON PKWY STE 100

Borrower City

HERNDON

Borrower State

VA

Borrower Zip

20170-5494

Loan Status Date

02/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

686485.00

Current Approval Amount

686485.00

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

New Business or 2 years or less

Project City

HERNDON

Project County Name

FAIRFAX

Project State

VA

Project Zip

20170-5494

CD

VA-11

Jobs Reported

35

NAICS Code

541512

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

686485.00

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

690961.26

Forgiveness Date

12/31/2020

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