PPP Loan information for Optima products, incorporated

$33,400

Optima products, incorporated was initially approved for PPP Loan of amount $33,400, the current approved amount is $33,400. The loan was approved on 01/16/2021 by The Lake Community Bank reported 2 jobs and $33,400 was used to fund payroll.

Optima products, incorporated is Existing or more than 2 years old

OPTIMA PRODUCTS, INCORPORATED

Date Approved

01/16/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OPTIMA PRODUCTS, INCORPORATED

Borrower Address

2230 Edgewood Ave S Ste 3A

Borrower City

St Louis Park

Borrower State

MN

Borrower Zip

55426-2884

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

33400.00

Current Approval Amount

33400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38325

Servicing Lender Name

Lake Community Bank

Servicing Lender Address

1964 W Wayzata Blvd

Servicing Lender City

LONG LAKE

Servicing Lender State

MN

Servicing Lender Zip

55356-9494

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

St Louis Park

Project County Name

HENNEPIN

Project State

MN

Project Zip

55426-2884

CD

MN-05

Jobs Reported

2

NAICS Code

423450

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

33397.00

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

38325

Originating Lender

Lake Community Bank

Originating Lender City

LONG LAKE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

33532.67

Forgiveness Date

06/15/2021

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