# PPP loan: COLONIAL OPTICIANS INC.
> **$198K** approved 04/30/2020 · Paid in Full · Loan `5157387309`
## Borrower
- **Name:** COLONIAL OPTICIANS INC.
- **Address:** 4942 SAINT ELMO AVE, BETHESDA, MD, 20814-6008
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $198K
- **Initial approval:** $198K
- **Forgiven:** $200K (101%)
- **Forgiveness date:** 03/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $198K
- **Jobs reported:** 15
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*