PPP Loan information for Ocean electrical services inc

$22,398

Ocean electrical services inc was initially approved for PPP Loan of amount $22,398, the current approved amount is $22,398. The loan was approved on 07/28/2020 by The Calvin B. Taylor Banking Company reported 3 jobs and $22,398 was used to fund payroll.

Ocean electrical services inc is Existing or more than 2 years old

PPP Loan Search / MD / BISHOPVILLE / Ocean electrical services inc

OCEAN ELECTRICAL SERVICES INC

Date Approved

07/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OCEAN ELECTRICAL SERVICES INC

Borrower Address

11002 Piney Island Drive

Borrower City

BISHOPVILLE

Borrower State

MD

Borrower Zip

21813-1458

Loan Status Date

03/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

22397.50

Current Approval Amount

22397.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30471

Servicing Lender Name

Calvin B. Taylor Banking Company

Servicing Lender Address

24 N Main St

Servicing Lender City

BERLIN

Servicing Lender State

MD

Servicing Lender Zip

21811-1029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BISHOPVILLE

Project County Name

WORCESTER

Project State

MD

Project Zip

21813-1458

CD

MD-01

Jobs Reported

3

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

22397.50

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

Subchapter S Corporation

Originating Lender Location Id

30471

Originating Lender

Calvin B. Taylor Banking Company

Originating Lender City

BERLIN

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

22486.48

Forgiveness Date

12/22/2020

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