PPP Loan information for Oak grove technologies, llc

$3,202,900

Oak grove technologies, llc was initially approved for PPP Loan of amount $3,202,900, the current approved amount is $3,202,900. The loan was approved on 04/06/2020 by The Atlantic Union Bank reported 286 jobs and $3,202,900 was used to fund payroll.

Oak grove technologies, llc is Existing or more than 2 years old

OAK GROVE TECHNOLOGIES, LLC

Date Approved

04/06/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

OAK GROVE TECHNOLOGIES, LLC

Borrower Address

4131 Parklake Ave Suite 100

Borrower City

RALEIGH

Borrower State

NC

Borrower Zip

27612-2309

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

3202900.00

Current Approval Amount

3202900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RALEIGH

Project County Name

WAKE

Project State

NC

Project Zip

27612-2309

CD

NC-02

Jobs Reported

286

NAICS Code

541611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

3202900.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

3240089.23

Forgiveness Date

06/02/2021

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