PPP Loan information for Ocean power & equipment

$73,367

Ocean power & equipment was initially approved for PPP Loan of amount $73,367, the current approved amount is $73,367. The loan was approved on 01/30/2021 by The Wells Fargo Bank, National Association reported 4 jobs and $73,367 was used to fund payroll.

Ocean power & equipment is Existing or more than 2 years old

PPP Loan Search / NJ / West Caldwell / Ocean power & equipment

OCEAN POWER & EQUIPMENT

Date Approved

01/30/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCEAN POWER & EQUIPMENT

Borrower Address

1140 Bloomfield Ave Ste 107

Borrower City

West Caldwell

Borrower State

NJ

Borrower Zip

07006-7126

Loan Status Date

12/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

73367.00

Current Approval Amount

73367.00

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

07006-7126

CD

NJ-11

Jobs Reported

4

NAICS Code

483111

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73367.00

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

73917.76

Forgiveness Date

11/10/2021

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