PPP Loan information for Optum management solutions

$587,200

Optum management solutions was initially approved for PPP Loan of amount $587,200, the current approved amount is $587,200. The loan was approved on 04/27/2020 by The Waterford Bank, National Association reported 40 jobs and $587,200 was used to fund payroll.

Optum management solutions is Existing or more than 2 years old

OPTUM MANAGEMENT SOLUTIONS

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OPTUM MANAGEMENT SOLUTIONS

Borrower Address

25500 Meadowbrook Road, Suite 230

Borrower City

Novi

Borrower State

MI

Borrower Zip

48375-1882

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

587200.00

Current Approval Amount

587200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Novi

Project County Name

OAKLAND

Project State

MI

Project Zip

48375-1882

CD

MI-06

Jobs Reported

40

NAICS Code

541611

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

587200.00

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

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

580583.03

Forgiveness Date

12/02/2020

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