# PPP loan: OSCODA ENGINE SERVICES CORP
> **$412K** approved 02/18/2021 · Charged Off · Loan `1223318503`
## Borrower
- **Name:** OSCODA ENGINE SERVICES CORP
- **Address:** 3921 Arrow St, Oscoda, MI, 48750-2212
- **NAICS:** 488119
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $412K
- **Initial approval:** $412K
- **Status:** Charged Off
- **Term:** 37 months
## Use of funds
- **Payroll:** $411K
- **Utilities:** $1
- **Jobs reported:** 27
## Lender
- **Originating:** Newtek Small Business Finance, Inc.
- **Servicing:** Newtek Small Business Finance, Inc. (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*