PPP Loan information for Ocean trace development corporation

$26,925

Ocean trace development corporation was initially approved for PPP Loan of amount $26,925, the current approved amount is $26,925. The loan was approved on 04/08/2021 by The Thomaston Savings Bank reported 3 jobs and $26,925 was used to fund payroll.

Ocean trace development corporation is Existing or more than 2 years old

PPP Loan Search / CT / Watertown / Ocean trace development corporation

OCEAN TRACE DEVELOPMENT CORPORATION

Date Approved

04/08/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

OCEAN TRACE DEVELOPMENT CORPORATION

Borrower Address

83 Greenwood St

Borrower City

Watertown

Borrower State

CT

Borrower Zip

06795-2788

Loan Status Date

01/06/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

26925.00

Current Approval Amount

26925.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Watertown

Project County Name

LITCHFIELD

Project State

CT

Project Zip

06795-2788

CD

CT-05

Jobs Reported

3

NAICS Code

237990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

26921.00

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

Subchapter S Corporation

Originating Lender Location Id

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

27071.80

Forgiveness Date

12/06/2021

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