PPP Loan information for Oleco inc

$1,616,203

Oleco inc was initially approved for PPP Loan of amount $1,616,203, the current approved amount is $1,616,203. The loan was approved on 04/12/2020 by The The Huntington National Bank reported 190 jobs and $1,616,203 was used to fund payroll.

Oleco inc is Existing or more than 2 years old

PPP Loan Search / MI / SPRING LAKE / Oleco inc

OLECO INC

Date Approved

04/12/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OLECO INC

Borrower Address

18683 Trimble Ct

Borrower City

SPRING LAKE

Borrower State

MI

Borrower Zip

49456-8822

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1616202.50

Current Approval Amount

1616202.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SPRING LAKE

Project County Name

OTTAWA

Project State

MI

Project Zip

49456-8822

CD

MI-02

Jobs Reported

190

NAICS Code

327110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1616202.50

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1634002.87

Forgiveness Date

06/01/2021

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