PPP Loan information for Innovations in optics inc

$260,200

Innovations in optics inc was initially approved for PPP Loan of amount $260,200, the current approved amount is $260,200. The loan was approved on 04/22/2021 by The Citizens Bank, National Association reported 18 jobs and $260,200 was used to fund payroll.

Innovations in optics inc is Existing or more than 2 years old

INNOVATIONS IN OPTICS INC

Date Approved

04/22/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

INNOVATIONS IN OPTICS INC

Borrower Address

10 Gill St Ste K

Borrower City

Woburn

Borrower State

MA

Borrower Zip

01801-1721

Loan Status Date

10/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

260200.00

Current Approval Amount

260200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434162

Servicing Lender Name

Citizens Bank, National Association

Servicing Lender Address

1 Citizens Plaza

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-1344

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Woburn

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01801-1721

CD

MA-05

Jobs Reported

18

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

260199.00

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

Subchapter S Corporation

Originating Lender Location Id

434162

Originating Lender

Citizens Bank, National Association

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

261098.22

Forgiveness Date

09/01/2021

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