PPP Loan information for Oakwood construction company

$250,000

Oakwood construction company was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 04/11/2020 by The Independent Bank reported 15 jobs and $250,000 was used to fund payroll.

Oakwood construction company is Existing or more than 2 years old

PPP Loan Search / MI / OKEMOS / Oakwood construction company

OAKWOOD CONSTRUCTION COMPANY

Date Approved

04/11/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OAKWOOD CONSTRUCTION COMPANY

Borrower Address

2380 SCIENCE PKWY STE 101

Borrower City

OKEMOS

Borrower State

MI

Borrower Zip

48864-2559

Loan Status Date

12/09/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77961

Servicing Lender Name

Independent Bank

Servicing Lender Address

4200 East Beltline Ave NE

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49525-9783

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OKEMOS

Project County Name

INGHAM

Project State

MI

Project Zip

48864-2559

CD

MI-07

Jobs Reported

15

NAICS Code

236117

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

Subchapter S Corporation

Originating Lender Location Id

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

251409.72

Forgiveness Date

11/05/2020

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