# PPP loan: OPTICAL SOLUTIONS INC
> **$256K** approved 04/15/2020 · Paid in Full · Loan `8574507106`
## Borrower
- **Name:** OPTICAL SOLUTIONS INC
- **Address:** 10 HOSPITAL CENTER CMNS STE 100, HILTON HEAD ISLAND, SC, 29926-2838
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $256K
- **Initial approval:** $256K
- **Forgiven:** $258K (101%)
- **Forgiveness date:** 02/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $205K
- **Rent:** $51K
- **Jobs reported:** 23
## Lender
- **Originating:** Coastal States Bank
- **Servicing:** Coastal States Bank (SC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*