PPP Loan information for Oceans inc.

$267,500

Oceans inc. was initially approved for PPP Loan of amount $267,500, the current approved amount is $267,500. The loan was approved on 04/10/2020 by The TowneBank reported 106 jobs and $267,500 was used to fund payroll.

Oceans inc. is Existing or more than 2 years old

OCEANS INC.

Date Approved

04/10/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OCEANS INC.

Borrower Address

5601 Richmond Road Suite 1

Borrower City

WILLIAMSBURG

Borrower State

VA

Borrower Zip

23188-1919

Loan Status Date

03/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

267500.00

Current Approval Amount

267500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123548

Servicing Lender Name

TowneBank

Servicing Lender Address

5716 High St West

Servicing Lender City

PORTSMOUTH

Servicing Lender State

VA

Servicing Lender Zip

23703-4502

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WILLIAMSBURG

Project County Name

JAMES CITY

Project State

VA

Project Zip

23188-1919

CD

VA-01

Jobs Reported

106

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

267500.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

269744.03

Forgiveness Date

02/17/2021

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