PPP Loan information for Optical telecommunications, inc.

$1,314,500

Optical telecommunications, inc. was initially approved for PPP Loan of amount $1,314,500, the current approved amount is $1,314,500. The loan was approved on 04/07/2020 by The City National Bank of Florida reported 123 jobs and $1,314,500 was used to fund payroll.

Optical telecommunications, inc. is Existing or more than 2 years old

PPP Loan Search / FL / MIAMI / Optical telecommunications, inc.

OPTICAL TELECOMMUNICATIONS, INC.

Date Approved

04/07/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

OPTICAL TELECOMMUNICATIONS, INC.

Borrower Address

1360 S. Dixie Highway, #200

Borrower City

MIAMI

Borrower State

FL

Borrower Zip

33146-2656

Loan Status Date

10/01/2022

Loan Status

Charged Off

Term

7

SBA Guaranty Percentage

100

Initial Approval Amount

1314500.00

Current Approval Amount

1314500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33146-2656

CD

FL-27

Jobs Reported

123

NAICS Code

515210

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

328625.00

Payroll Proceed

985875.00

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

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1249329.79

Forgiveness Date

01/26/2022

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