# PPP loan: OPTOMETRIC PHYSICIANS OF MIDDLETOWN, PA
> **$461K** approved 04/06/2020 · Paid in Full · Loan `5854567005`
## Borrower
- **Name:** OPTOMETRIC PHYSICIANS OF MIDDLETOWN, PA
- **Address:** 786 Hwy 35, MIDDLETOWN, NJ, 07748
- **NAICS:** 621320
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $461K
- **Initial approval:** $530K
- **Forgiven:** $465K (101%)
- **Forgiveness date:** 01/07/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $363K
- **Rent:** $65K
- **Utilities:** $10K
- **Health care:** $23K
- **Jobs reported:** 36
## 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*