# PPP loan: COLORS IN OPTICS, LTD.
> **$737K** approved 04/15/2020 · Paid in Full · Loan `8071867107`
## Borrower
- **Name:** COLORS IN OPTICS, LTD.
- **Address:** 366 5TH AVE SUITE 804, NEW YORK, NY, 10001
- **NAICS:** 339115
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $737K
- **Initial approval:** $737K
- **Forgiven:** $659K (89%)
- **Forgiveness date:** 06/10/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $589K
- **Rent:** $108K
- **Utilities:** $11K
- **Health care:** $28K
- **Jobs reported:** 67
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*