PPP Loan information for Five oaks, inc.

$176,600

Five oaks, inc. was initially approved for PPP Loan of amount $176,600, the current approved amount is $176,600. The loan was approved on 04/15/2020 by The Waterford Bank, National Association reported 36 jobs and $176,600 was used to fund payroll.

Five oaks, inc. is Existing or more than 2 years old

FIVE OAKS, INC.

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

FIVE OAKS, INC.

Borrower Address

3821 DILL DR

Borrower City

WATERFORD

Borrower State

MI

Borrower Zip

48329-2135

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

176600.00

Current Approval Amount

176600.00

Undisbursed Amount

0.00

Franchise Name

McDonalds

Servicing Lender Location Id

449988

Servicing Lender Name

Waterford Bank, National Association

Servicing Lender Address

3900 N McCord Rd

Servicing Lender City

TOLEDO

Servicing Lender State

OH

Servicing Lender Zip

43617-1049

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WATERFORD

Project County Name

OAKLAND

Project State

MI

Project Zip

48329-2135

CD

MI-11

Jobs Reported

36

NAICS Code

722513

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

11200.00

Payroll Proceed

141300.00

Mortgage Interest Proceed

0.00

Rent Proceed

24100.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

449988

Originating Lender

Waterford Bank, National Association

Originating Lender City

TOLEDO

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

177968.65

Forgiveness Date

01/26/2021

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