# PPP loan: OPTICAL DESIGNS INC
> **$245K** approved 04/09/2020 · Paid in Full · Loan `9257567005`
## Borrower
- **Name:** OPTICAL DESIGNS INC
- **Address:** 1211 HIGHLAND AVE, NEEDHAM, MA, 02492-2603
- **NAICS:** 621320
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $245K
- **Initial approval:** $245K
- **Forgiven:** $248K (101%)
- **Forgiveness date:** 04/29/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $245K
- **Jobs reported:** 11
## Lender
- **Originating:** Bank of America, National Association
- **Servicing:** Bank of America, National Association (NC)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*