Ocean Electric Corp

$818,948 PPP Loan in Southampton, New York

Loan Details

Loan Number
4129678307
Date Approved
Jan 22, 2021
Loan Status
Paid in Full
Initial Approval
$818,948
Current Approval
$818,948
Forgiveness Amount
$825,611
Forgiveness Date
Nov 22, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ocean Electric Corp
Address
158 County Road 39 Ste 6
ZIP Code
11968-5252
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$14.8M
Rural/Urban
Urban
Congressional District
NY-01

Loan Use Breakdown

Payroll
$818,942
Utilities
$1

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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