Five Oaks, Inc.

$176,600 PPP Loan in Waterford, Michigan

Loan Details

Loan Number
9967117102
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$176,600
Current Approval
$176,600
Forgiveness Amount
$177,969
Forgiveness Date
Jan 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Five Oaks, Inc.
Address
3821 Dill Dr
ZIP Code
48329-2135
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722513)
Franchise
Mcdonalds
Business Age
Existing or more than 2 years old
Jobs Reported
36
Estimated Revenue
$6.4M
Rural/Urban
Urban
Congressional District
MI-11

Loan Use Breakdown

Payroll
$141,300
Rent
$24,100
Utilities
$11,200

Lender Information

Servicing Lender
Waterford Bank, National Association
Originating Lender
Waterford Bank, National Association

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