Modern Optical International, Ltd.

$1,390,700 PPP Loan in Boynton Beach, Florida

Loan Details

Loan Number
5472587005
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,390,700
Current Approval
$1,390,771
Forgiveness Amount
$774,267
Forgiveness Date
Nov 10, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Modern Optical International, Ltd.
Address
Congress Ave
State
Florida
ZIP Code
33426-3446
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Wholesale Trade (423490)
Business Age
Existing or more than 2 years old
Jobs Reported
111
Estimated Revenue
$34.0M
Rural/Urban
Urban
Congressional District
FL-22

Loan Use Breakdown

Payroll
$1,043,078
Rent
$86,923
Utilities
$86,923
Health Care
$86,923
Debt Interest
$86,923

Lender Information

Servicing Lender
Village Bank and Trust, National Association
Originating Lender
Village Bank and Trust, National Association

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