PPP Loan information for Ocean tower construction llc

$317,940

Ocean tower construction llc was initially approved for PPP Loan of amount $317,940, the current approved amount is $317,940. The loan was approved on 01/21/2021 by The The Farmers Bank of Willards reported 33 jobs and $317,940 was used to fund payroll.

Ocean tower construction llc is Existing or more than 2 years old

OCEAN TOWER CONSTRUCTION LLC

Date Approved

01/21/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

OCEAN TOWER CONSTRUCTION LLC

Borrower Address

34407 DuPont Blvd Unit 3

Borrower City

Frankford

Borrower State

DE

Borrower Zip

19945-3886

Loan Status Date

11/29/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

317940.30

Current Approval Amount

317940.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30926

Servicing Lender Name

The Farmers Bank of Willards

Servicing Lender Address

7484 Market St

Servicing Lender City

WILLARDS

Servicing Lender State

MD

Servicing Lender Zip

21874-1232

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Frankford

Project County Name

SUSSEX

Project State

DE

Project Zip

19945-3886

CD

DE-

Jobs Reported

33

NAICS Code

238390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

317940.30

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

30926

Originating Lender

The Farmers Bank of Willards

Originating Lender City

WILLARDS

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

320510.32

Forgiveness Date

11/10/2021

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