Ocean Coast Electric LLC

$883,499 PPP Loan in Monroe Township, New Jersey

Loan Details

Loan Number
3140947708
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$883,499
Current Approval
$883,499
Forgiveness Amount
$892,109
Forgiveness Date
Apr 28, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ocean Coast Electric LLC
Address
176 Old Forge Rd
ZIP Code
08831
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
65
Estimated Revenue
$21.4M
Rural/Urban
Urban
Congressional District
NJ-12

Loan Use Breakdown

Payroll
$823,974
Rent
$18,900
Utilities
$1,000
Health Care
$39,625

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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