# PPP loan: ALTOS OPTICAL CO INC
> **$308K** approved 04/12/2020 · Paid in Full · Loan `3820607105`
## Borrower
- **Name:** ALTOS OPTICAL CO INC
- **Address:** 762 Altos Oaks Drive, LOS ALTOS, CA, 94024-5401
- **NAICS:** 446130
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $308K
- **Initial approval:** $313K
- **Forgiven:** $311K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $308K
- **Jobs reported:** 22
## Lender
- **Originating:** SVB, A Division of First-Citizens Bank and Trust Company
- **Servicing:** First-Citizens Bank & Trust Company (NC)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*