PPP Loan information for Standard optical company

$1,287,900

Standard optical company was initially approved for PPP Loan of amount $1,287,900, the current approved amount is $1,287,900. The loan was approved on 02/13/2021 by The First Utah Bank reported 131 jobs and $1,287,900 was used to fund payroll.

Standard optical company is Existing or more than 2 years old

STANDARD OPTICAL COMPANY

Date Approved

02/13/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

STANDARD OPTICAL COMPANY

Borrower Address

1901 W Parkway Blvd

Borrower City

West Valley City

Borrower State

UT

Borrower Zip

84119-2001

Loan Status Date

07/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1287900.00

Current Approval Amount

1287900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72740

Servicing Lender Name

First Utah Bank

Servicing Lender Address

3826 S 2300 East

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84109-3423

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

West Valley City

Project County Name

SALT LAKE

Project State

UT

Project Zip

84119-2001

CD

UT-02

Jobs Reported

131

NAICS Code

446130

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1287898.00

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

72740

Originating Lender

First Utah Bank

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1304660.34

Forgiveness Date

06/09/2022

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