PPP Loan information for Colonial optical, inc.

$62,955

Colonial optical, inc. was initially approved for PPP Loan of amount $62,955, the current approved amount is $62,955. The loan was approved on 04/11/2020 by The Farmers & Merchants Bank reported 6 jobs and $62,955 was used to fund payroll.

Colonial optical, inc. is Existing or more than 2 years old

COLONIAL OPTICAL, INC.

Date Approved

04/11/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

COLONIAL OPTICAL, INC.

Borrower Address

210 UNIVERSITY BLVD

Borrower City

HARRISONBURG

Borrower State

VA

Borrower Zip

22801-3774

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

62955.00

Current Approval Amount

62955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73976

Servicing Lender Name

Farmers & Merchants Bank

Servicing Lender Address

165 New Market Rd

Servicing Lender City

TIMBERVILLE

Servicing Lender State

VA

Servicing Lender Zip

22853

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

HARRISONBURG

Project County Name

HARRISONBURG CITY

Project State

VA

Project Zip

22801-3774

CD

VA-06

Jobs Reported

6

NAICS Code

621320

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

62955.00

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

73976

Originating Lender

Farmers & Merchants Bank

Originating Lender City

TIMBERVILLE

Originating Lender State

VA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

63388.69

Forgiveness Date

12/22/2020

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