PPP Loan information for Optimum labs inc

$264,035

Optimum labs inc was initially approved for PPP Loan of amount $264,035, the current approved amount is $264,035. The loan was approved on 04/29/2020 by The Celtic Bank Corporation reported 89 jobs and $264,035 was used to fund payroll.

Optimum labs inc is Existing or more than 2 years old

OPTIMUM LABS INC

Date Approved

04/29/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OPTIMUM LABS INC

Borrower Address

413 County Street

Borrower City

New Bedford

Borrower State

MA

Borrower Zip

02740

Loan Status Date

04/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

264035.00

Current Approval Amount

264035.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

223542

Servicing Lender Name

Celtic Bank Corporation

Servicing Lender Address

268 S State St, Ste 300

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84111-5314

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

New Bedford

Project County Name

BRISTOL

Project State

MA

Project Zip

02740-1000

CD

MA-09

Jobs Reported

89

NAICS Code

541990

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

264035.00

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

223542

Originating Lender

Celtic Bank Corporation

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

268990.18

Forgiveness Date

03/16/2022

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