PPP Loan information for Ocean power llc

$64,795

Ocean power llc was initially approved for PPP Loan of amount $64,795, the current approved amount is $64,795. The loan was approved on 04/15/2020 by The Manasquan Bank reported 6 jobs and $64,795 was used to fund payroll.

Ocean power llc is Existing or more than 2 years old

OCEAN POWER LLC

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEAN POWER LLC

Borrower Address

305 RT 35 N

Borrower City

POINT PLEASANT BEACH

Borrower State

NJ

Borrower Zip

08742-0010

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

64795.00

Current Approval Amount

64795.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

87220

Servicing Lender Name

Manasquan Bank

Servicing Lender Address

2221 Landmark Place

Servicing Lender City

WALL TOWNSHIP

Servicing Lender State

NJ

Servicing Lender Zip

08736-1051

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

POINT PLEASANT BEACH

Project County Name

OCEAN

Project State

NJ

Project Zip

08742-0010

CD

NJ-04

Jobs Reported

6

NAICS Code

811490

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

64795.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

87220

Originating Lender

Manasquan Bank

Originating Lender City

WALL TOWNSHIP

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

65446.55

Forgiveness Date

04/22/2021

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