PPP Loan information for Art optical contact lens, inc.

$693,100

Art optical contact lens, inc. was initially approved for PPP Loan of amount $693,100, the current approved amount is $693,100. The loan was approved on 04/10/2020 by The ChoiceOne Bank reported 56 jobs and $693,100 was used to fund payroll.

Art optical contact lens, inc. is Existing or more than 2 years old

ART OPTICAL CONTACT LENS, INC.

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

ART OPTICAL CONTACT LENS, INC.

Borrower Address

3175 Three Mile Rd, NW

Borrower City

GRAND RAPIDS

Borrower State

MI

Borrower Zip

49534-1325

Loan Status Date

05/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

693100.00

Current Approval Amount

693100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36482

Servicing Lender Name

ChoiceOne Bank

Servicing Lender Address

109 E Division

Servicing Lender City

SPARTA

Servicing Lender State

MI

Servicing Lender Zip

49345-1337

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

GRAND RAPIDS

Project County Name

KENT

Project State

MI

Project Zip

49534-1325

CD

MI-02

Jobs Reported

56

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

693100.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

36482

Originating Lender

ChoiceOne Bank

Originating Lender City

SPARTA

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

700296.85

Forgiveness Date

04/29/2021

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