PPP Loan information for Oak transcription inc.

$150,000

Oak transcription inc. was initially approved for PPP Loan of amount $150,000, the current approved amount is $150,000. The loan was approved on 03/20/2021 by The Cornerstone Bank reported 38 jobs and $150,000 was used to fund payroll.

Oak transcription inc. is Existing or more than 2 years old

PPP Loan Search / MA / Southbridge / Oak transcription inc.

OAK TRANSCRIPTION INC.

Date Approved

03/20/2021

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OAK TRANSCRIPTION INC.

Borrower Address

202 Prince Rd

Borrower City

Southbridge

Borrower State

MA

Borrower Zip

01550-2033

Loan Status Date

01/22/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

150000.00

Current Approval Amount

150000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33352

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

230 Park Ave

Servicing Lender City

WORCESTER

Servicing Lender State

MA

Servicing Lender Zip

01609-1918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Southbridge

Project County Name

WORCESTER

Project State

MA

Project Zip

01550-2033

CD

MA-01

Jobs Reported

38

NAICS Code

561410

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

150000.00

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

Subchapter S Corporation

Originating Lender Location Id

33352

Originating Lender

Cornerstone Bank

Originating Lender City

WORCESTER

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

151066.67

Forgiveness Date

12/06/2021

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