# PPP loan: OPTIMAL DESIGN CO.
> **$898K** approved 04/08/2020 · Paid in Full · Loan `7880587003`
## Borrower
- **Name:** OPTIMAL DESIGN CO.
- **Address:** 601 W. CAMPUS DR, ARLINGTON HEIGHTS, IL, 60004-7800
- **NAICS:** 541910
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $898K
- **Initial approval:** $898K
- **Forgiven:** $906K (101%)
- **Forgiveness date:** 02/19/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $673K
- **Mortgage interest:** $135K
- **Utilities:** $90K
- **Jobs reported:** 40
## Lender
- **Originating:** Village Bank and Trust, National Association
- **Servicing:** Village Bank and Trust, National Association (IL)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*