# PPP loan: OPTITECH GROUP LLC
> **$2.59M** approved 04/08/2020 · Paid in Full · Loan `8829167005`
## Borrower
- **Name:** OPTITECH GROUP LLC
- **Address:** 50 High Tech Drive 0.0, Rush, NY, 14543-0050
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $2.59M
- **Initial approval:** $2.59M
- **Forgiven:** $2.62M (101%)
- **Forgiveness date:** 06/09/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Rent:** $38K
- **Mortgage interest:** $300K
- **Utilities:** $2.00M
- **Health care:** $200K
- **Debt interest:** $50K
- **Jobs reported:** 173
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*