Opticote, Inc.

$158,300 PPP Loan in Franklin Park, Illinois

Loan Details

Loan Number
4799547001
Date Approved
Apr 4, 2020
Loan Status
Paid in Full
Initial Approval
$158,300
Current Approval
$158,300
Forgiveness Amount
$159,430
Forgiveness Date
Dec 31, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Opticote, Inc.
Address
Seymour Ave
ZIP Code
60131-1200
Business Type
Corporation
Industry (NAICS)
Manufacturing (333314)
Business Age
Existing or more than 2 years old
Jobs Reported
26
Estimated Revenue
$6.8M
Rural/Urban
Urban
Congressional District
IL-03

Loan Use Breakdown

Payroll
$122,971
Rent
$13,300
Utilities
$17,100
Health Care
$4,929

Lender Information

Servicing Lender
Northwest Bank
Originating Lender
Northwest Bank

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