PPP Loan information for Oakridge construction inc.

$126,505

Oakridge construction inc. was initially approved for PPP Loan of amount $126,505, the current approved amount is $126,505. The loan was approved on 03/06/2021 by The Lake Region Bank reported 10 jobs and $126,505 was used to fund payroll.

Oakridge construction inc. is Existing or more than 2 years old

OAKRIDGE CONSTRUCTION INC.

Date Approved

03/06/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

OAKRIDGE CONSTRUCTION INC.

Borrower Address

604 4th Ave SW

Borrower City

New London

Borrower State

MN

Borrower Zip

56273-8567

Loan Status Date

10/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

126505.09

Current Approval Amount

126505.09

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38669

Servicing Lender Name

Lake Region Bank

Servicing Lender Address

51 Main St

Servicing Lender City

NEW LONDON

Servicing Lender State

MN

Servicing Lender Zip

56273

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

New London

Project County Name

KANDIYOHI

Project State

MN

Project Zip

56273-8567

CD

MN-07

Jobs Reported

10

NAICS Code

236115

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

126503.09

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

38669

Originating Lender

Lake Region Bank

Originating Lender City

NEW LONDON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

127197.35

Forgiveness Date

09/22/2021

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