PPP Loan information for Trans ocean motor co inc

$887,855

Trans ocean motor co inc was initially approved for PPP Loan of amount $887,855, the current approved amount is $887,855. The loan was approved on 04/11/2021 by The Loan Source Incorporated reported 63 jobs and $887,855 was used to fund payroll.

Trans ocean motor co inc is Existing or more than 2 years old

PPP Loan Search / CA / Pasadena / Trans ocean motor co inc

TRANS OCEAN MOTOR CO INC

Date Approved

04/11/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

TRANS OCEAN MOTOR CO INC

Borrower Address

130 N Sierra Madre Blvd

Borrower City

Pasadena

Borrower State

CA

Borrower Zip

91107-3327

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

887855.00

Current Approval Amount

887855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pasadena

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91107-3327

CD

CA-28

Jobs Reported

63

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

887852.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

895274.06

Forgiveness Date

02/16/2022

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