PPP Loan information for Oaks concrete products inc

$370,700

Oaks concrete products inc was initially approved for PPP Loan of amount $370,700, the current approved amount is $370,700. The loan was approved on 04/11/2020 by The CIBC Bank USA reported 21 jobs and $370,700 was used to fund payroll.

Oaks concrete products inc is Existing or more than 2 years old

PPP Loan Search / MI / WIXOM / Oaks concrete products inc

OAKS CONCRETE PRODUCTS INC

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OAKS CONCRETE PRODUCTS INC

Borrower Address

51744 PONTIAC TRL

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393-1906

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

370700.00

Current Approval Amount

370700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116998

Servicing Lender Name

CIBC Bank USA

Servicing Lender Address

120 S LaSalle St

Servicing Lender City

CHICAGO

Servicing Lender State

IL

Servicing Lender Zip

60603-3403

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-1906

CD

MI-07

Jobs Reported

21

NAICS Code

327120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

370700.00

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

116998

Originating Lender

CIBC Bank USA

Originating Lender City

CHICAGO

Originating Lender State

IL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

373594.51

Forgiveness Date

01/27/2021

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