Optical Mechanics Inc.
2224 Heinz Rd, Iowa City, IA 52240 · Optical Instrument and Lens Manufacturing (NAICS 333314)
Loan Summary
Source: SBA FOIA Loan-Level DataTotal Loans
3
Total Amount
$1.7M
Jobs Supported
36
Years Active
2017–2018
Loan History (3)
Source: SBA FOIA7(a)$280,500
Paid in Full
- Approved
- Jan 31, 2018 (FY2018)
- SBA Guaranteed
- $252,450 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.50%
- Revolver
- 0
- Jobs Supported
- 12
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Optical Instrument and Lens Manufacturing (NAICS 333314)
- Paid in Full
- Dec 31, 2018
Lender
First Interstate Bank
401 N 31st St, Billings, MT 59101
Project Location
Johnson County, IA
7(a)$343,900
Paid in Full
- Approved
- Jun 6, 2018 (FY2018)
- SBA Guaranteed
- $309,510 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 6.00%
- Revolver
- 0
- Jobs Supported
- 12
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- Industry
- Optical Instrument and Lens Manufacturing (NAICS 333314)
- Paid in Full
- Dec 31, 2019
Lender
First Interstate Bank
401 N 31st St, Billings, MT 59101
Project Location
Johnson County, IA
7(a)$1,066,000
Paid in Full
- Approved
- Aug 14, 2017 (FY2017)
- SBA Guaranteed
- $959,400 (90%)
- Term
- 12 months (1.0 yrs)
- Interest Rate
- 5.25%
- Revolver
- 1
- Jobs Supported
- 12
- Business Type
- Corporation
- Industry
- Optical Instrument and Lens Manufacturing (NAICS 333314)
- Paid in Full
- Nov 30, 2018
Lender
First Interstate Bank
401 N 31st St, Billings, MT 59101
Project Location
Johnson County, IA
Business Details
- Business Type
- Corporation
- Business Age
- Existing or More Than 2 Years Old
- NAICS Code
- 333314 — Optical Instrument and Lens Manufacturing
- Address
- 2224 Heinz Rd
Iowa City, IA 52240
Lender
- First Interstate Bank
- 401 N 31st St, Billings, MT 59101