PPP Loan information for Ocean construction services inc.

$500,000

Ocean construction services inc. was initially approved for PPP Loan of amount $500,000, the current approved amount is $500,000. The loan was approved on 04/02/2021 by The TowneBank reported 30 jobs and $500,000 was used to fund payroll.

Ocean construction services inc. is Existing or more than 2 years old

PPP Loan Search / VA / Virginia Beach / Ocean construction services inc.

OCEAN CONSTRUCTION SERVICES INC.

Date Approved

04/02/2021

SBA Office Code

0304

Processing Method

PPS

Borrower Name

OCEAN CONSTRUCTION SERVICES INC.

Borrower Address

104 Aragona Blvd Ste 101

Borrower City

Virginia Beach

Borrower State

VA

Borrower Zip

23462-2737

Loan Status Date

10/14/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

500000.00

Current Approval Amount

500000.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Virginia Beach

Project County Name

VIRGINIA BEACH CITY

Project State

VA

Project Zip

23462-2737

CD

VA-02

Jobs Reported

30

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

500000.00

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

123548

Originating Lender

TowneBank

Originating Lender City

PORTSMOUTH

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

502444.44

Forgiveness Date

09/29/2021

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