Date Approved
04/14/2020
SBA Office Code
0341
Processing Method
PPP
Borrower Name
OC ELECTRIC, LLC
Borrower Address
36348 DERRICKSON DR
Borrower City
SELBYVILLE
Borrower State
DE
Borrower Zip
19975-3942
Loan Status Date
03/12/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
56373.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
SUSSEX
Project State
Project Zip
CD
DE-
Jobs Reported
7
NAICS Code
238210
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
49636.77
Forgiveness Date
10/30/2020