PPP Loan information for Overhead material handling, inc.

$395,020

Overhead material handling, inc. was initially approved for PPP Loan of amount $395,020, the current approved amount is $395,020. The loan was approved on 04/07/2020 by The Johnson Bank reported 29 jobs and $395,020 was used to fund payroll.

Overhead material handling, inc. is Existing or more than 2 years old

OVERHEAD MATERIAL HANDLING, INC.

Date Approved

04/07/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

OVERHEAD MATERIAL HANDLING, INC.

Borrower Address

7747 South 6TH ST

Borrower City

OAK CREEK

Borrower State

WI

Borrower Zip

53154-2021

Loan Status Date

12/12/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

395020.00

Current Approval Amount

395020.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

77025

Servicing Lender Name

Johnson Bank

Servicing Lender Address

555 Main St

Servicing Lender City

RACINE

Servicing Lender State

WI

Servicing Lender Zip

53403-1032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK CREEK

Project County Name

MILWAUKEE

Project State

WI

Project Zip

53154-2021

CD

WI-01

Jobs Reported

29

NAICS Code

333923

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

49377.50

Payroll Proceed

296265.00

Mortgage Interest Proceed

49377.50

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

77025

Originating Lender

Johnson Bank

Originating Lender City

RACINE

Originating Lender State

WI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

397216.96

Forgiveness Date

11/03/2020

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