PPP Loan information for Red oak management co., inc.

$254,493

Red oak management co., inc. was initially approved for PPP Loan of amount $254,493, the current approved amount is $254,493. The loan was approved on 04/14/2020 by The Independent Bank reported 75 jobs and $254,493 was used to fund payroll.

Red oak management co., inc. is Existing or more than 2 years old

PPP Loan Search / MI / CEDAR SPRINGS / Red oak management co., inc.

RED OAK MANAGEMENT CO., INC.

Date Approved

04/14/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

RED OAK MANAGEMENT CO., INC.

Borrower Address

25 W BEECH ST. PO BOX 799

Borrower City

CEDAR SPRINGS

Borrower State

MI

Borrower Zip

49319-5107

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

254493.30

Current Approval Amount

254493.30

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

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

CEDAR SPRINGS

Project County Name

KENT

Project State

MI

Project Zip

49319-5107

CD

MI-02

Jobs Reported

75

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

254493.30

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

77961

Originating Lender

Independent Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

257693.64

Forgiveness Date

07/26/2021

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