# PPP loan: OPTIMUM CONTROLS CORP
> **$1.34M** approved 04/27/2020 · Paid in Full · Loan `4547737210`
## Borrower
- **Name:** OPTIMUM CONTROLS CORP
- **Address:** 1044 McArthur Rd, Reading, PA, 19605
- **NAICS:** 541330
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.34M
- **Initial approval:** $1.34M
- **Forgiven:** $1.35M (101%)
- **Forgiveness date:** 01/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.00M
- **Mortgage interest:** $334K
- **Jobs reported:** 90
## Lender
- **Originating:** Fulton Bank, National Association
- **Servicing:** Fulton Bank, National Association (PA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*