PPP Loan information for Ocean renewable power company inc

$405,445

Ocean renewable power company inc was initially approved for PPP Loan of amount $405,445, the current approved amount is $405,445. The loan was approved on 03/31/2021 by The Bangor Savings Bank reported 23 jobs and $405,445 was used to fund payroll.

Ocean renewable power company inc is Existing or more than 2 years old

PPP Loan Search / ME / Portland / Ocean renewable power company inc

OCEAN RENEWABLE POWER COMPANY INC

Date Approved

03/31/2021

SBA Office Code

0172

Processing Method

PPS

Borrower Name

OCEAN RENEWABLE POWER COMPANY INC

Borrower Address

254 Commercial St Ste 119B

Borrower City

Portland

Borrower State

ME

Borrower Zip

04101-5067

Loan Status Date

03/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

405445.00

Current Approval Amount

405445.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Portland

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-5067

CD

ME-01

Jobs Reported

23

NAICS Code

221118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

405440.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

408620.99

Forgiveness Date

01/20/2022

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