PPP Loan information for Falls optical inc.

$45,445

Falls optical inc. was initially approved for PPP Loan of amount $45,445, the current approved amount is $45,445. The loan was approved on 03/13/2021 by The Farmers and Merchants State Bank of Pierz reported 7 jobs and $45,445 was used to fund payroll.

Falls optical inc. is Existing or more than 2 years old

PPP Loan Search / MN / Pierz / Falls optical inc.

FALLS OPTICAL INC.

Date Approved

03/13/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

FALLS OPTICAL INC.

Borrower Address

112 Main St S

Borrower City

Pierz

Borrower State

MN

Borrower Zip

56364-4400

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

45444.60

Current Approval Amount

45444.60

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38741

Servicing Lender Name

Farmers and Merchants State Bank of Pierz

Servicing Lender Address

80 Main St

Servicing Lender City

PIERZ

Servicing Lender State

MN

Servicing Lender Zip

56364-4529

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pierz

Project County Name

MORRISON

Project State

MN

Project Zip

56364-4400

CD

MN-07

Jobs Reported

7

NAICS Code

621210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

45442.60

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

38741

Originating Lender

Farmers and Merchants State Bank of Pierz

Originating Lender City

PIERZ

Originating Lender State

MN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

45594.82

Forgiveness Date

07/16/2021

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