PPP Loan information for National oak distributors inc

$4,655,200

National oak distributors inc was initially approved for PPP Loan of amount $4,655,200, the current approved amount is $4,655,200. The loan was approved on 04/29/2020 by The ServisFirst Bank reported 355 jobs and $4,655,200 was used to fund payroll.

National oak distributors inc is Existing or more than 2 years old

NATIONAL OAK DISTRIBUTORS INC

Date Approved

04/29/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

NATIONAL OAK DISTRIBUTORS INC

Borrower Address

6529 SOUTHERN BLVD

Borrower City

WEST PALM BEACH

Borrower State

FL

Borrower Zip

33413-1734

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4655200.00

Current Approval Amount

4655200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434138

Servicing Lender Name

ServisFirst Bank

Servicing Lender Address

2500 Woodcrest Place

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35209-1374

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WEST PALM BEACH

Project County Name

PALM BEACH

Project State

FL

Project Zip

33413-1734

CD

FL-20

Jobs Reported

355

NAICS Code

424950

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

87396.00

Payroll Proceed

3770400.00

Mortgage Interest Proceed

0.00

Rent Proceed

797404.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

434138

Originating Lender

ServisFirst Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

4707312.38

Forgiveness Date

06/09/2021

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