# PPP loan: OLDENBURG METAL TECH, INC.
> **$530K** approved 04/06/2020 · Paid in Full · Loan `5733397006`
## Borrower
- **Name:** OLDENBURG METAL TECH, INC.
- **Address:** 775 NPROGRESS DR, SAUKVILLE, WI, 53080-1613
- **NAICS:** 332710
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $530K
- **Initial approval:** $530K
- **Forgiven:** $533K (101%)
- **Forgiveness date:** 11/03/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $530K
- **Jobs reported:** 48
## Lender
- **Originating:** Summit Credit Union
- **Servicing:** Summit CU (WI)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*