PPP Loan information for Oceanair inc

$1,397,351

Oceanair inc was initially approved for PPP Loan of amount $1,255,385, the current approved amount is $1,397,351. The loan was approved on 04/06/2020 by The Eastern Bank reported 87 jobs and $1,397,351 was used to fund payroll.

Oceanair inc is Existing or more than 2 years old

PPP Loan Search / MA / REVERE / Oceanair inc

OCEANAIR INC

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OCEANAIR INC

Borrower Address

186 A Lee Burbank Highway

Borrower City

REVERE

Borrower State

MA

Borrower Zip

02151-4034

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1255385.00

Current Approval Amount

1397351.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REVERE

Project County Name

SUFFOLK

Project State

MA

Project Zip

02151-4034

CD

MA-05

Jobs Reported

87

NAICS Code

488510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1397351.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1412256.08

Forgiveness Date

05/06/2021

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