ART OPTICAL CONTACT LENS, INC. (MI) - 2020 PPP Loan Borrower Profile (# 1702127103)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ART OPTICAL CONTACT LENS, INC.. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Michigan.

Loan Detail

Loan Number

1702127103

SBA Office Code

0515

Processing Method

PPP

Curent Loan Amount

$693,100

Date Loan was Approved

Apr 10, 2020

Amount Forgiven

$700,296.85

Date Loan was Forgiven

Apr 29, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

693,100

Lender

ChoiceOne Bank

Business Detail

Business Type

Subchapter S Corporation

NAICS

621320

Borrower Location

GRAND RAPIDS, MI

Project Location

GRAND RAPIDS, MI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.