PPP Loan information for Optimum low voltage llc

$300,000

Optimum low voltage llc was initially approved for PPP Loan of amount $300,000, the current approved amount is $300,000. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 28 jobs and $300,000 was used to fund payroll.

Optimum low voltage llc is New Business or 2 years or less

OPTIMUM LOW VOLTAGE LLC

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OPTIMUM LOW VOLTAGE LLC

Borrower Address

6624 GORDON RD STE L

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28411-8422

Loan Status Date

04/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300000.00

Current Approval Amount

300000.00

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

WILMINGTON

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28411-8422

CD

NC-07

Jobs Reported

28

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

300000.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

302663.01

Forgiveness Date

03/25/2021

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