PPP Loan information for Fraser optical clinic inc

$431,700

Fraser optical clinic inc was initially approved for PPP Loan of amount $431,700, the current approved amount is $431,700. The loan was approved on 04/28/2020 by The First Merchants Bank reported 54 jobs and $431,700 was used to fund payroll.

Fraser optical clinic inc is Existing or more than 2 years old

PPP Loan Search / MI / FRASER / Fraser optical clinic inc

FRASER OPTICAL CLINIC INC

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FRASER OPTICAL CLINIC INC

Borrower Address

32925 Groesbeck Hwy

Borrower City

FRASER

Borrower State

MI

Borrower Zip

48026

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

431700.00

Current Approval Amount

431700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FRASER

Project County Name

MACOMB

Project State

MI

Project Zip

48026-0001

CD

MI-10

Jobs Reported

54

NAICS Code

621320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

431700.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

424137.77

Forgiveness Date

12/04/2020

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