PPP Loan information for Optimization technologies inc

$486,500

Optimization technologies inc was initially approved for PPP Loan of amount $486,500, the current approved amount is $486,500. The loan was approved on 04/10/2020 by The Independent Bank reported 25 jobs and $486,500 was used to fund payroll.

Optimization technologies inc is Existing or more than 2 years old

PPP Loan Search / CO / BOULDER / Optimization technologies inc

OPTIMIZATION TECHNOLOGIES INC

Date Approved

04/10/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

OPTIMIZATION TECHNOLOGIES INC

Borrower Address

2241 17TH STREET

Borrower City

BOULDER

Borrower State

CO

Borrower Zip

80302-4362

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

486500.00

Current Approval Amount

486500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

68987

Servicing Lender Name

Independent Bank

Servicing Lender Address

3090 Craig Dr

Servicing Lender City

MCKINNEY

Servicing Lender State

TX

Servicing Lender Zip

75070-4352

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BOULDER

Project County Name

BOULDER

Project State

CO

Project Zip

80302-4362

CD

CO-02

Jobs Reported

25

NAICS Code

541511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

486500.00

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

68987

Originating Lender

Independent Bank

Originating Lender City

MCKINNEY

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

492500.17

Forgiveness Date

07/09/2021

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