Date Approved
03/25/2021
SBA Office Code
0459
Processing Method
PPS
Borrower Name
MARX OPTICAL INC
Borrower Address
2620 Centron Dr SW
Borrower City
Decatur
Borrower State
AL
Borrower Zip
35603-2500
Loan Status Date
02/05/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
633800.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
2037
Servicing Lender Name
Peoples Bank of Alabama
Servicing Lender Address
1912 Cherokee Ave SW
Servicing Lender City
CULLMAN
Servicing Lender State
Servicing Lender Zip
35055-5595
Rural Urban Indicator
R
Hubzone Indicator
N
HLMI Indicator
Y
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MORGAN
Project State
Project Zip
CD
AL-05
Jobs Reported
63
NAICS Code
621320
Race
Unanswered
Ethnicity
Not Hispanic or Latino
Utilities Proceed
1.00
Payroll Proceed
633797.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
638923.22
Forgiveness Date
01/12/2022