PPP Loan information for Oceans inc.

$374,500

Oceans inc. was initially approved for PPP Loan of amount $374,500, the current approved amount is $374,500. The loan was approved on 01/26/2021 by The TowneBank reported 45 jobs and $374,500 was used to fund payroll.

Oceans inc. is Existing or more than 2 years old

PPP Loan Search / VA / Williamsburg / Oceans inc.

OCEANS INC.

Date Approved

01/26/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

OCEANS INC.

Borrower Address

5601 Richmond Rd Ste 1

Borrower City

Williamsburg

Borrower State

VA

Borrower Zip

23188-1985

Loan Status Date

12/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

374500.00

Current Approval Amount

374500.00

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

23188-1985

CD

VA-01

Jobs Reported

45

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

374498.00

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

377475.19

Forgiveness Date

11/17/2021

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