# PPP loan: ALBQUERQUE ASSOCIATES OF OPTOMETRY
> **$266K** approved 04/15/2020 · Paid in Full · Loan `8880577103`
## Borrower
- **Name:** ALBQUERQUE ASSOCIATES OF OPTOMETRY
- **Address:** 3701 Eubank Blvd NE, ALBUQUERQUE, NM, 87111
- **NAICS:** 621320
- **Business type:** Sole Proprietorship
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $266K
- **Initial approval:** $266K
- **Forgiven:** $269K (101%)
- **Forgiveness date:** 07/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $232K
- **Rent:** $33K
- **Utilities:** $2K
- **Jobs reported:** 48
## 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*