PPP Loan information for Ocean tumblers, inc.

$253,100

Ocean tumblers, inc. was initially approved for PPP Loan of amount $253,100, the current approved amount is $253,100. The loan was approved on 04/08/2020 by The TowneBank reported 29 jobs and $253,100 was used to fund payroll.

Ocean tumblers, inc. is Existing or more than 2 years old

PPP Loan Search / VA / CHESAPEAKE / Ocean tumblers, inc.

OCEAN TUMBLERS, INC.

Date Approved

04/08/2020

SBA Office Code

0304

Processing Method

PPP

Borrower Name

OCEAN TUMBLERS, INC.

Borrower Address

901 Professional Place

Borrower City

CHESAPEAKE

Borrower State

VA

Borrower Zip

23320-3618

Loan Status Date

02/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

253100.00

Current Approval Amount

253100.00

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

CHESAPEAKE

Project County Name

CHESAPEAKE CITY

Project State

VA

Project Zip

23320-3618

CD

VA-03

Jobs Reported

29

NAICS Code

611620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

253100.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

254667.81

Forgiveness Date

11/27/2020

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