# PPP loan: BERN OPTICS INC
> **$700K** approved 04/10/2020 · Paid in Full · Loan `1723197101`
## Borrower
- **Name:** BERN OPTICS INC
- **Address:** 579 SOUTHAMPTON RD, WESTFIELD, MA, 01085-1329
- **NAICS:** 333314
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $700K
- **Initial approval:** $700K
- **Forgiven:** $706K (101%)
- **Forgiveness date:** 03/16/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $700K
- **Jobs reported:** 46
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*