Optec, Incorporated
$96,375 PPP Loan in Lowell, Michigan
Loan Details
- Loan Number
- 3719028208
- Date Approved
- Aug 5, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $96,375
- Current Approval
- $96,375
- Forgiveness Amount
- $97,370
- Forgiveness Date
- Aug 19, 2021
- Term
- 60 months
- Draw
- First Draw
Business Information
Loan Use Breakdown
- Payroll
- $62,375
- Rent
- $12,000
- Utilities
- $6,000
- Health Care
- $16,000
Lender Information
- Servicing Lender
- Mercantile Bank
- Originating Lender
- Mercantile Bank
Other PPP Loans in Lowell, MI
| Business | Approved | |
|---|---|---|
| Assa Group, Inc. DBA National Worksurface | $1,572,315 | |
| H.d. Hudson Manufacturing Company | $1,463,500 | |
| Metric Manufacturing Company, Inc. | $1,445,270 | |
| Kabb Management INC | $907,389 | |
| Berg Investments INC | $697,530 |
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