PPP Loan information for Oro manufacturing company

$265,000

Oro manufacturing company was initially approved for PPP Loan of amount $265,000, the current approved amount is $265,000. The loan was approved on 05/01/2020 by The Fifth Third Bank reported 42 jobs and $265,000 was used to fund payroll.

Oro manufacturing company is New Business or 2 years or less

ORO MANUFACTURING COMPANY

Date Approved

05/01/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

ORO MANUFACTURING COMPANY

Borrower Address

5000 STITT ST

Borrower City

MONROE

Borrower State

NC

Borrower Zip

28110

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

265000.00

Current Approval Amount

265000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

58036

Servicing Lender Name

Fifth Third Bank

Servicing Lender Address

38 Fountain Sq Plz

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45263

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MONROE

Project County Name

UNION

Project State

NC

Project Zip

28110-0001

CD

NC-08

Jobs Reported

42

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

265000.00

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

58036

Originating Lender

Fifth Third Bank

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

266317.64

Forgiveness Date

11/03/2020

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