# PPP loan: OPTIMOVE INC.
> **$730K** approved 04/16/2020 · Paid in Full · Loan `3056817200`
## Borrower
- **Name:** OPTIMOVE INC.
- **Address:** 217 W 21ST ST, NEW YORK, NY, 10011-3167
- **NAICS:** 541613
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $730K
- **Initial approval:** $730K
- **Forgiven:** $737K (101%)
- **Forgiveness date:** 03/22/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $679K
- **Rent:** $51K
- **Jobs reported:** 36
## Lender
- **Originating:** Valley National Bank
- **Servicing:** Valley National Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*