# PPP loan: OPTI MANUFACTURING CORP
> **$168K** approved 04/09/2020 · Paid in Full · Loan `9972417005`
## Borrower
- **Name:** OPTI MANUFACTURING CORP
- **Address:** 30 Carr 992, LUQUILLO, PR, 00773
- **NAICS:** 336413
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $168K
- **Initial approval:** $168K
- **Forgiven:** $158K (94%)
- **Forgiveness date:** 02/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $151K
- **Rent:** $6K
- **Utilities:** $11K
- **Jobs reported:** 27
## Lender
- **Originating:** Banco Popular de Puerto Rico
- **Servicing:** Banco Popular de Puerto Rico (PR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*