Optimal Design Co.

$897,908 PPP Loan in Arlington Heights, Illinois

Loan Details

Loan Number
7880587003
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$897,908
Current Approval
$897,908
Forgiveness Amount
$905,565
Forgiveness Date
Feb 19, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Optimal Design Co.
Address
601 W. Campus Dr
ZIP Code
60004-7800
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541910)
Business Age
Existing or more than 2 years old
Jobs Reported
40
Estimated Revenue
$5.6M
Rural/Urban
Urban
Congressional District
IL-08

Loan Use Breakdown

Payroll
$673,431
Utilities
$89,791
Mortgage Interest
$134,686

Lender Information

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

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