Optical Telecommunications, Inc.

$1,314,500 PPP Loan in Miami, Florida

Loan Details

Loan Number
7110467006
Date Approved
Apr 7, 2020
Loan Status
Charged Off
Initial Approval
$1,314,500
Current Approval
$1,314,500
Forgiveness Amount
$1,249,330
Forgiveness Date
Jan 26, 2022
Term
7 months
Draw
First Draw

Business Information

Business Name
Optical Telecommunications, Inc.
Address
1360 S. Dixie Highway, #200
City
Miami
State
Florida
ZIP Code
33146-2656
Business Type
Corporation
Industry (NAICS)
Information (515210)
Business Age
Existing or more than 2 years old
Jobs Reported
123
Estimated Revenue
$20.7M
Rural/Urban
Urban
Congressional District
FL-27

Loan Use Breakdown

Payroll
$985,875
Utilities
$328,625

Lender Information

Servicing Lender
City National Bank of Florida
Originating Lender
City National Bank of Florida

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