PPP Loan information for Ocean frost corp

$633,000

Ocean frost corp was initially approved for PPP Loan of amount $633,000, the current approved amount is $633,000. The loan was approved on 03/25/2021 by The Bank of America, National Association reported 45 jobs and $633,000 was used to fund payroll.

Ocean frost corp is Existing or more than 2 years old

OCEAN FROST CORP

Date Approved

03/25/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCEAN FROST CORP

Borrower Address

471 Mulberry St

Borrower City

Newark

Borrower State

NJ

Borrower Zip

07114-2736

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

633000.00

Current Approval Amount

633000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

ESSEX

Project State

NJ

Project Zip

07114-2736

CD

NJ-10

Jobs Reported

45

NAICS Code

424990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

632995.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

636503.18

Forgiveness Date

10/20/2021

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