PPP Loan information for Optimum electric

$175,000

Optimum electric was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/30/2020 by The Customers Bank reported 15 jobs and $175,000 was used to fund payroll.

Optimum electric is Existing or more than 2 years old

OPTIMUM ELECTRIC

Date Approved

04/30/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

OPTIMUM ELECTRIC

Borrower Address

16741 Robert Lane

Borrower City

Huntington Beach

Borrower State

CA

Borrower Zip

92647

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

121536

Servicing Lender Name

Customers Bank

Servicing Lender Address

40 General Warren Blvd

Servicing Lender City

Malvern

Servicing Lender State

PA

Servicing Lender Zip

19355

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Huntington Beach

Project County Name

ORANGE

Project State

CA

Project Zip

92647-0001

CD

CA-47

Jobs Reported

15

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

175000.00

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

Sole Proprietorship

Originating Lender Location Id

121536

Originating Lender

Customers Bank

Originating Lender City

Malvern

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176519.86

Forgiveness Date

03/25/2021

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