# PPP loan: OPTOMETRIC ASSOCIATES OF TEXAS PA
> **$655K** approved 04/06/2020 · Paid in Full · Loan `5809087004`
## Borrower
- **Name:** OPTOMETRIC ASSOCIATES OF TEXAS PA
- **Address:** 16306 E Lake Shore Dr., AUSTIN, TX, 78734-1132
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $655K
- **Initial approval:** $678K
- **Forgiven:** $660K (101%)
- **Forgiveness date:** 03/23/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $568K
- **Rent:** $80K
- **Utilities:** $5K
- **Debt interest:** $2K
- **Jobs reported:** 44
## Lender
- **Originating:** Stearns Bank National Association
- **Servicing:** Loan Source Incorporated (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*