PPP Loan information for Oc electric llc

$54,590

Oc electric llc was initially approved for PPP Loan of amount $54,590, the current approved amount is $54,590. The loan was approved on 01/25/2021 by The Bank of Ocean City reported 6 jobs and $54,590 was used to fund payroll.

Oc electric llc is Existing or more than 2 years old

PPP Loan Search / DE / Delmar / Oc electric llc

OC ELECTRIC LLC

Date Approved

01/25/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

OC ELECTRIC LLC

Borrower Address

11359 E Snake Rd

Borrower City

Delmar

Borrower State

DE

Borrower Zip

19940-3405

Loan Status Date

03/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54590.00

Current Approval Amount

54590.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30804

Servicing Lender Name

Bank of Ocean City

Servicing Lender Address

10005 Golf Course Rd

Servicing Lender City

OCEAN CITY

Servicing Lender State

MD

Servicing Lender Zip

21842-9700

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Delmar

Project County Name

SUSSEX

Project State

DE

Project Zip

19940-3405

CD

DE-

Jobs Reported

6

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

54590.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

30804

Originating Lender

Bank of Ocean City

Originating Lender City

OCEAN CITY

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

55153.85

Forgiveness Date

02/15/2022

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