PPP Loan information for Local ocean seafoods inc.

$672,543

Local ocean seafoods inc. was initially approved for PPP Loan of amount $672,543, the current approved amount is $672,543. The loan was approved on 01/16/2021 by The Oregon Coast Bank reported 66 jobs and $672,543 was used to fund payroll.

Local ocean seafoods inc. is Existing or more than 2 years old

PPP Loan Search / OR / Newport / Local ocean seafoods inc.

LOCAL OCEAN SEAFOODS INC.

Date Approved

01/16/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

LOCAL OCEAN SEAFOODS INC.

Borrower Address

213 SE Bay Blvd

Borrower City

Newport

Borrower State

OR

Borrower Zip

97365-4524

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

672542.50

Current Approval Amount

672542.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

263238

Servicing Lender Name

Oregon Coast Bank

Servicing Lender Address

909 SE Bay Blvd

Servicing Lender City

NEWPORT

Servicing Lender State

OR

Servicing Lender Zip

97365-4102

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newport

Project County Name

LINCOLN

Project State

OR

Project Zip

97365-4524

CD

OR-04

Jobs Reported

66

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

672537.50

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

263238

Originating Lender

Oregon Coast Bank

Originating Lender City

NEWPORT

Originating Lender State

OR

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

676390.94

Forgiveness Date

08/11/2021

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