# PPP loan: GEN OAK FABRICATORS INC
> **$246K** approved 05/01/2020 · Paid in Full · Loan `3231457709`
## Borrower
- **Name:** GEN OAK FABRICATORS INC
- **Address:** 2501 Brown Rd, Orion, MI, 48359
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $246K
- **Initial approval:** $246K
- **Forgiven:** $249K (101%)
- **Forgiveness date:** 04/08/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $206K
- **Utilities:** $3K
- **Health care:** $37K
- **Jobs reported:** 13
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*