PPP Loan information for Ocean power

$72,320

Ocean power was initially approved for PPP Loan of amount $72,320, the current approved amount is $72,320. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $72,320 was used to fund payroll.

Ocean power is Existing or more than 2 years old

PPP Loan Search / NJ / WEST CALDWELL / Ocean power

OCEAN POWER

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEAN POWER

Borrower Address

1140 BLOOMFIELD AVE. SUITE 107

Borrower City

WEST CALDWELL

Borrower State

NJ

Borrower Zip

07006

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

72320.00

Current Approval Amount

72320.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CALDWELL

Project County Name

ESSEX

Project State

NJ

Project Zip

07006-0001

CD

NJ-11

Jobs Reported

4

NAICS Code

423860

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

72320.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

73114.53

Forgiveness Date

06/17/2021

;