Date Approved
02/05/2021
SBA Office Code
0460
Processing Method
PPS
Borrower Name
OAK OVERSEAS LTD.
Borrower Address
112 Cabarrus Ave E
Borrower City
Concord
Borrower State
NC
Borrower Zip
28025-3408
Loan Status Date
02/15/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
82629.37
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
19133
Servicing Lender Name
United Community Bank
Servicing Lender Address
177 Hwy 515 E
Servicing Lender City
BLAIRSVILLE
Servicing Lender State
GA
Servicing Lender Zip
30512-8579
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
CABARRUS
Project State
Project Zip
CD
NC-12
Jobs Reported
5
NAICS Code
425120
Race
White
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
82628.37
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
83410.39
Forgiveness Date
01/21/2022