PPP Loan information for Forks optometric, ltd.

$228,200

Forks optometric, ltd. was initially approved for PPP Loan of amount $246,350, the current approved amount is $228,200. The loan was approved on 04/05/2020 by The Frandsen Bank & Trust reported 26 jobs and $228,200 was used to fund payroll.

Forks optometric, ltd. is Existing or more than 2 years old

PPP Loan Search / MN / EAST GRAND FORKS / Forks optometric, ltd.

FORKS OPTOMETRIC, LTD.

Date Approved

04/05/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

FORKS OPTOMETRIC, LTD.

Borrower Address

421 DeMers Ave NW

Borrower City

EAST GRAND FORKS

Borrower State

MN

Borrower Zip

56721

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

246350.00

Current Approval Amount

228200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST GRAND FORKS

Project County Name

POLK

Project State

MN

Project Zip

56721-0001

CD

MN-07

Jobs Reported

26

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

24635.00

Payroll Proceed

166610.00

Mortgage Interest Proceed

36955.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

230607.04

Forgiveness Date

05/05/2021

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