PPP Loan information for Oakley industrial machinery inc

$303,570

Oakley industrial machinery inc was initially approved for PPP Loan of amount $303,570, the current approved amount is $303,570. The loan was approved on 03/08/2021 by The Bank of America, National Association reported 19 jobs and $303,570 was used to fund payroll.

Oakley industrial machinery inc is Existing or more than 2 years old

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

OAKLEY INDUSTRIAL MACHINERY INC

Date Approved

03/08/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

OAKLEY INDUSTRIAL MACHINERY INC

Borrower Address

1601 Lunt Ave

Borrower City

Elk Grove Village

Borrower State

IL

Borrower Zip

60007-5616

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

303570.00

Current Approval Amount

303570.00

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

Existing or more than 2 years old

Project City

Elk Grove Village

Project County Name

COOK

Project State

IL

Project Zip

60007-5616

CD

IL-03

Jobs Reported

19

NAICS Code

333994

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

303567.00

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

305848.85

Forgiveness Date

12/09/2021

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