Date Approved
04/08/2020
SBA Office Code
0761
Processing Method
PPP
Borrower Name
THE OPTICAL CENTER, INC
Borrower Address
116 w. main st
Borrower City
MARSHALLTOWN
Borrower State
IA
Borrower Zip
50158-5844
Loan Status Date
03/26/2022
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
31815.21
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
24590
Servicing Lender Name
Farmers Savings Bank
Servicing Lender Address
205 W Main St
Servicing Lender City
Marshalltown
Servicing Lender State
Servicing Lender Zip
50158-2951
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
MARSHALL
Project State
Project Zip
CD
IA-04
Jobs Reported
2
NAICS Code
446130
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Female Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
28962.28
Forgiveness Date
10/16/2020