PPP Loan information for Oakley industrial machinery inc

$303,572

Oakley industrial machinery inc was initially approved for PPP Loan of amount $303,572, the current approved amount is $303,572. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 21 jobs and $303,572 was used to fund payroll.

Oakley industrial machinery inc is New Business or 2 years or less

PPP Loan Search / IL / Elk Grove Village / Oakley industrial machinery inc

OAKLEY INDUSTRIAL MACHINERY INC

Date Approved

05/01/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

OAKLEY INDUSTRIAL MACHINERY INC

Borrower Address

1601 Lunt Ave

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007

Loan Status Date

03/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

303572.00

Current Approval Amount

303572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-1000

CD

IL-08

Jobs Reported

21

NAICS Code

333994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

303572.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

305917.41

Forgiveness Date

02/11/2021

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