PPP Loan information for Offshore electric inc

$48,924

Offshore electric inc was initially approved for PPP Loan of amount $48,924, the current approved amount is $48,924. The loan was approved on 05/01/2020 by The Wells Fargo Bank, National Association reported 4 jobs and $48,924 was used to fund payroll.

Offshore electric inc is Existing or more than 2 years old

PPP Loan Search / NJ / SOMERSET / Offshore electric inc

OFFSHORE ELECTRIC INC

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OFFSHORE ELECTRIC INC

Borrower Address

283 BENNETTS LANE

Borrower City

SOMERSET

Borrower State

NJ

Borrower Zip

08873

Loan Status Date

05/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

48924.00

Current Approval Amount

48924.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOMERSET

Project County Name

SOMERSET

Project State

NJ

Project Zip

08873-1000

CD

NJ-12

Jobs Reported

4

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

48924.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49364.99

Forgiveness Date

04/06/2021

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