# PPP loan: OPTOVUE INC
> **$2.84M** approved 04/14/2020 · Paid in Full · Loan `6692087102`
## Borrower
- **Name:** OPTOVUE INC
- **Address:** 2800 Bayview Drive, Fremont, CA, 94538
- **NAICS:** 339112
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.84M
- **Initial approval:** $2.84M
- **Forgiven:** $2.87M (101%)
- **Forgiveness date:** 05/24/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $2.51M
- **Rent:** $276K
- **Utilities:** $54K
- **Jobs reported:** 137
## Lender
- **Originating:** Silicon Valley Bridge Bank NA
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*