Oakland Welding Industries, Inc.

$177,500 PPP Loan in Chesterfield, Michigan

Loan Details

Loan Number
1699177704
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$177,500
Current Approval
$177,500
Forgiveness Amount
$179,529
Forgiveness Date
Jun 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oakland Welding Industries, Inc.
Address
28162 23 Mile Road
ZIP Code
48051
Business Type
Corporation
Industry (NAICS)
Manufacturing (333994)
Business Age
Existing or more than 2 years old
Jobs Reported
11
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MI-09

Loan Use Breakdown

Payroll
$145,000
Rent
$17,900
Utilities
$2,600
Health Care
$12,000

Lender Information

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

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