PPP Loan information for Oakland electric inc.

$43,629

Oakland electric inc. was initially approved for PPP Loan of amount $43,629, the current approved amount is $43,629. The loan was approved on 04/12/2020 by The Oxford Bank reported 3 jobs and $43,629 was used to fund payroll.

Oakland electric inc. is Existing or more than 2 years old

OAKLAND ELECTRIC INC.

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OAKLAND ELECTRIC INC.

Borrower Address

8659 KIER RD

Borrower City

CLARKSTON

Borrower State

MI

Borrower Zip

48348-1129

Loan Status Date

06/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

43628.79

Current Approval Amount

43628.79

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CLARKSTON

Project County Name

OAKLAND

Project State

MI

Project Zip

48348-1129

CD

MI-09

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

43628.79

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

44079.62

Forgiveness Date

05/03/2021

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