Date Approved
04/09/2020
SBA Office Code
0474
Processing Method
PPP
Borrower Name
OTICS USA, INC.
Borrower Address
5555 Interstate View Drive
Borrower City
MORRISTOWN
Borrower State
TN
Borrower Zip
37813
Loan Status Date
07/17/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
4320050.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
67422
Servicing Lender Name
First Horizon Bank
Servicing Lender Address
165 Madison Ave
Servicing Lender City
MEMPHIS
Servicing Lender State
Servicing Lender Zip
38103-2723
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
HAMBLEN
Project State
Project Zip
37813-1000
CD
TN-01
Jobs Reported
378
NAICS Code
336111
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
250000.00
Payroll Proceed
4070050.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
4369250.57
Forgiveness Date
06/11/2021