ADVANCED OPTICS, INC. (IA) - 2020 PPP Loan Borrower Profile (# 3054567204)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to ADVANCED OPTICS, 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 Iowa.

Loan Detail

Loan Number

3054567204

SBA Office Code

0761

Processing Method

PPP

Curent Loan Amount

$36,900

Date Loan was Approved

Apr 16, 2020

Amount Forgiven

$37,082.98

Date Loan was Forgiven

Oct 23, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

36,900

Lender

Waukesha State Bank

Business Detail

Business Type

Corporation

NAICS

333314

Borrower Location

ANKENY, IA

Project Location

ANKENY, IA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.