# PPP loan: ASSOCIATED EYE CARE, LTD
> **$1.31M** approved 04/13/2020 · Paid in Full · Loan `4380477103`
## Borrower
- **Name:** ASSOCIATED EYE CARE, LTD
- **Address:** 1719 Tower Drive W., STILLWATER, MN, 55082-7512
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.31M
- **Initial approval:** $1.31M
- **Forgiven:** $1.32M (101%)
- **Forgiveness date:** 03/31/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $1.01M
- **Rent:** $277K
- **Mortgage interest:** $10K
- **Utilities:** $17K
- **Jobs reported:** 88
## Lender
- **Originating:** First State Bank and Trust
- **Servicing:** First State Bank and Trust (MN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*