Ocean Electric Corp

$819,000 PPP Loan in Southampton, New York

Loan Details

Loan Number
6927237007
Date Approved
Apr 7, 2020
Loan Status
Paid in Full
Initial Approval
$819,000
Current Approval
$819,000
Forgiveness Amount
$828,604
Forgiveness Date
Jun 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ocean Electric Corp
Address
158 County Road 39, Suite 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
$819,000

Lender Information

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

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