PPP Loan information for Oakland welding industries, inc.

$177,500

Oakland welding industries, inc. was initially approved for PPP Loan of amount $177,500, the current approved amount is $177,500. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 11 jobs and $177,500 was used to fund payroll.

Oakland welding industries, inc. is Existing or more than 2 years old

PPP Loan Search / MI / CHESTERFIELD / Oakland welding industries, inc.

OAKLAND WELDING INDUSTRIES, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OAKLAND WELDING INDUSTRIES, INC.

Borrower Address

28162 23 Mile Road

Borrower City

CHESTERFIELD

Borrower State

MI

Borrower Zip

48051

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

177500.00

Current Approval Amount

177500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHESTERFIELD

Project County Name

MACOMB

Project State

MI

Project Zip

48051-0001

CD

MI-09

Jobs Reported

11

NAICS Code

333994

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

2600.00

Payroll Proceed

145000.00

Mortgage Interest Proceed

0.00

Rent Proceed

17900.00

Refinance EIDL Proceed

0.00

Health Care Proceed

12000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

179529.42

Forgiveness Date

06/28/2021

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