PPP Loan information for Optimum card solutions

$470,000

Optimum card solutions was initially approved for PPP Loan of amount $470,000, the current approved amount is $470,000. The loan was approved on 04/09/2020 by The Hinsdale Bank & Trust Company, National Association reported 31 jobs and $470,000 was used to fund payroll.

Optimum card solutions is Existing or more than 2 years old

OPTIMUM CARD SOLUTIONS

Date Approved

04/09/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OPTIMUM CARD SOLUTIONS

Borrower Address

855 S FIENE DR

Borrower City

ADDISON

Borrower State

IL

Borrower Zip

60101-5109

Loan Status Date

03/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

470000.00

Current Approval Amount

470000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

118813

Servicing Lender Name

Hinsdale Bank & Trust Company, National Association

Servicing Lender Address

25 E First St

Servicing Lender City

HINSDALE

Servicing Lender State

IL

Servicing Lender Zip

60521-7825

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ADDISON

Project County Name

DUPAGE

Project State

IL

Project Zip

60101-5109

CD

IL-03

Jobs Reported

31

NAICS Code

561990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

47000.00

Payroll Proceed

352500.00

Mortgage Interest Proceed

70500.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

118813

Originating Lender

Hinsdale Bank & Trust Company, National Association

Originating Lender City

HINSDALE

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

474047.22

Forgiveness Date

02/25/2021

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