# PPP loan: STANDARD OPTICAL COMPANY
> **$1.29M** approved 02/13/2021 · Paid in Full · Loan `8704778406`
## Borrower
- **Name:** STANDARD OPTICAL COMPANY
- **Address:** 1901 W Parkway Blvd, West Valley City, UT, 84119-2001
- **NAICS:** 446130
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.29M
- **Initial approval:** $1.29M
- **Forgiven:** $1.30M (101%)
- **Forgiveness date:** 06/09/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $1.29M
- **Utilities:** $1
- **Jobs reported:** 131
## Lender
- **Originating:** First Utah Bank
- **Servicing:** First Utah Bank (UT)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*