Marx Optical, Inc.

$633,800 PPP Loan in Decatur, Alabama

Loan Details

Loan Number
2747237110
Date Approved
Apr 11, 2020
Loan Status
Paid in Full
Initial Approval
$633,800
Current Approval
$633,800
Forgiveness Amount
$639,487
Forgiveness Date
Mar 5, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Marx Optical, Inc.
Address
2620 Centron Drive Southwest
State
Alabama
ZIP Code
35603-2500
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (446130)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$11.3M
Rural/Urban
Rural
Congressional District
AL-05

Loan Use Breakdown

Payroll
$595,455
Health Care
$38,345

Lender Information

Servicing Lender
Peoples Bank of Alabama
Originating Lender
Peoples Bank of Alabama

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