PPP Loan information for American oak preserving company, inc.

$407,500

American oak preserving company, inc. was initially approved for PPP Loan of amount $407,500, the current approved amount is $407,500. The loan was approved on 04/13/2020 by The 1st Source Bank reported 55 jobs and $407,500 was used to fund payroll.

American oak preserving company, inc. is Existing or more than 2 years old

PPP Loan Search / IN / NORTH JUDSON / American oak preserving company, inc.

AMERICAN OAK PRESERVING COMPANY, INC.

Date Approved

04/13/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

AMERICAN OAK PRESERVING COMPANY, INC.

Borrower Address

601 Mulberry Street

Borrower City

NORTH JUDSON

Borrower State

IN

Borrower Zip

46366-1044

Loan Status Date

12/17/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

407500.00

Current Approval Amount

407500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTH JUDSON

Project County Name

STARKE

Project State

IN

Project Zip

46366-1044

CD

IN-02

Jobs Reported

55

NAICS Code

339999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

407500.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

409843.12

Forgiveness Date

11/12/2020

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