PPP Loan information for Ocean marine industries inc.

$110,237

Ocean marine industries inc. was initially approved for PPP Loan of amount $110,237, the current approved amount is $110,237. The loan was approved on 02/22/2021 by The TowneBank reported 6 jobs and $110,237 was used to fund payroll.

Ocean marine industries inc. is Existing or more than 2 years old

PPP Loan Search / VA / Chesapeake / Ocean marine industries inc.

OCEAN MARINE INDUSTRIES INC.

Date Approved

02/22/2021

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OCEAN MARINE INDUSTRIES INC.

Borrower Address

2810 Hundson St

Borrower City

Chesapeake

Borrower State

VA

Borrower Zip

23324

Loan Status Date

07/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

110237.00

Current Approval Amount

110237.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Chesapeake

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23324

CD

VA-03

Jobs Reported

6

NAICS Code

423690

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

110232.00

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

Subchapter S Corporation

Originating Lender Location Id

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110601.39

Forgiveness Date

06/23/2021

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