Oakland Instrument Corporation

$108,700 PPP Loan in Shakopee, Minnesota

Loan Details

Loan Number
7288237102
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$108,700
Current Approval
$108,700
Forgiveness Amount
$109,888
Forgiveness Date
May 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oakland Instrument Corporation
Address
5220 12th Ave E
ZIP Code
55379-1948
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (326113)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
$6.9M
Rural/Urban
Urban
Congressional District
MN-02

Loan Use Breakdown

Payroll
$81,525
Rent
$10,870
Health Care
$16,305

Lender Information

Servicing Lender
Midcountry Bank
Originating Lender
Midcountry Bank

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