PPP Loan information for Oakland instrument corporation

$108,700

Oakland instrument corporation was initially approved for PPP Loan of amount $108,700, the current approved amount is $108,700. The loan was approved on 04/14/2020 by The MidCountry Bank reported 7 jobs and $108,700 was used to fund payroll.

Oakland instrument corporation is Existing or more than 2 years old

PPP Loan Search / MN / SHAKOPEE / Oakland instrument corporation

OAKLAND INSTRUMENT CORPORATION

Date Approved

04/14/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

OAKLAND INSTRUMENT CORPORATION

Borrower Address

5220 12TH AVE E

Borrower City

SHAKOPEE

Borrower State

MN

Borrower Zip

55379-1948

Loan Status Date

06/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

108700.00

Current Approval Amount

108700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80291

Servicing Lender Name

MidCountry Bank

Servicing Lender Address

7825 Washington Ave South, Ste 120

Servicing Lender City

BLOOMINGTON

Servicing Lender State

MN

Servicing Lender Zip

55439-2431

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SHAKOPEE

Project County Name

SCOTT

Project State

MN

Project Zip

55379-1948

CD

MN-02

Jobs Reported

7

NAICS Code

326113

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

81525.00

Mortgage Interest Proceed

0.00

Rent Proceed

10870.00

Refinance EIDL Proceed

0.00

Health Care Proceed

16305.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

80291

Originating Lender

MidCountry Bank

Originating Lender City

BLOOMINGTON

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

109888.25

Forgiveness Date

05/26/2021

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