Oakwood Metal Fabricating Co

$7,099,000 PPP Loan in Dearborn, Michigan

Loan Details

Loan Number
9045857203
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$7,099,000
Current Approval
$7,099,000
Forgiveness Amount
$7,204,696
Forgiveness Date
Oct 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Oakwood Metal Fabricating Co
Address
1100 Oakwood Blvd.
ZIP Code
48124-2820
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (336370)
Business Age
Existing or more than 2 years old
Jobs Reported
500
Estimated Revenue
$130.9M
Rural/Urban
Urban
Congressional District
MI-12

Loan Use Breakdown

Payroll
$5,679,244
Mortgage Interest
$1,419,756

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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