Woodworks INC

$568,087 PPP Loan in Royal Oak, Michigan

Loan Details

Loan Number
1142577709
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$568,087
Current Approval
$568,087
Forgiveness Amount
$574,025
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Woodworks INC
Address
2720 W 14 Mile Rd
ZIP Code
48073
Business Type
Corporation
Industry (NAICS)
Manufacturing (337122)
Business Age
Existing or more than 2 years old
Jobs Reported
5
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$426,000
Rent
$64,000
Utilities
$25,000
Health Care
$46,000
Debt Interest
$7,087

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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