PPP Loan information for Precision optical transceivers inc

$1,382,800

Precision optical transceivers inc was initially approved for PPP Loan of amount $1,382,800, the current approved amount is $1,382,800. The loan was approved on 02/24/2021 by The Genesee Regional Bank reported 86 jobs and $1,382,800 was used to fund payroll.

Precision optical transceivers inc is Existing or more than 2 years old

PPP Loan Search / NY / Rochester / Precision optical transceivers inc

PRECISION OPTICAL TRANSCEIVERS INC

Date Approved

02/24/2021

SBA Office Code

0219

Processing Method

PPS

Borrower Name

PRECISION OPTICAL TRANSCEIVERS INC

Borrower Address

100 Latona Road Building 318-A

Borrower City

Rochester

Borrower State

NY

Borrower Zip

14652

Loan Status Date

11/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1382800.00

Current Approval Amount

1382800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112131

Servicing Lender Name

Genesee Regional Bank

Servicing Lender Address

1850 S Winton Rd

Servicing Lender City

ROCHESTER

Servicing Lender State

NY

Servicing Lender Zip

14618-3923

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rochester

Project County Name

MONROE

Project State

NY

Project Zip

14652

CD

NY-25

Jobs Reported

86

NAICS Code

334290

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1382800.00

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

112131

Originating Lender

Genesee Regional Bank

Originating Lender City

ROCHESTER

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1391250.44

Forgiveness Date

10/06/2021

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