PPP Loan information for Optical cable corporation

$4,981,400

Optical cable corporation was initially approved for PPP Loan of amount $4,981,400, the current approved amount is $4,981,400. The loan was approved on 04/12/2020 by The Pinnacle Bank reported 370 jobs and $4,981,400 was used to fund payroll.

Optical cable corporation is Existing or more than 2 years old

PPP Loan Search / VA / ROANOKE / Optical cable corporation

OPTICAL CABLE CORPORATION

Date Approved

04/12/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OPTICAL CABLE CORPORATION

Borrower Address

5290 CONCOURSE DR

Borrower City

ROANOKE

Borrower State

VA

Borrower Zip

24019-3059

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4981400.00

Current Approval Amount

4981400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ROANOKE

Project County Name

ROANOKE

Project State

VA

Project Zip

24019-3059

CD

VA-06

Jobs Reported

370

NAICS Code

335921

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

4981400.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

5041722.71

Forgiveness Date

07/02/2021

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