PPP Loan information for Electro-optics technology, inc.

$989,380

Electro-optics technology, inc. was initially approved for PPP Loan of amount $989,380, the current approved amount is $989,380. The loan was approved on 04/28/2020 by The Honor Bank reported 72 jobs and $989,380 was used to fund payroll.

Electro-optics technology, inc. is Existing or more than 2 years old

PPP Loan Search / MI / TRAVERSE CITY / Electro-optics technology, inc.

ELECTRO-OPTICS TECHNOLOGY, INC.

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ELECTRO-OPTICS TECHNOLOGY, INC.

Borrower Address

3340 PARKLAND CT

Borrower City

TRAVERSE CITY

Borrower State

MI

Borrower Zip

49686-8723

Loan Status Date

12/04/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

989380.00

Current Approval Amount

989380.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

35331

Servicing Lender Name

Honor Bank

Servicing Lender Address

2254 Henry St

Servicing Lender City

HONOR

Servicing Lender State

MI

Servicing Lender Zip

49640-9407

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TRAVERSE CITY

Project County Name

GRAND TRAVERSE

Project State

MI

Project Zip

49686-8723

CD

MI-01

Jobs Reported

72

NAICS Code

334510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

55000.00

Payroll Proceed

849380.00

Mortgage Interest Proceed

0.00

Rent Proceed

85000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

35331

Originating Lender

Honor Bank

Originating Lender City

HONOR

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

994381.87

Forgiveness Date

11/03/2020

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