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
- City
- Southampton
- State
- New York
- 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
Other PPP Loans in Southampton, NY
| Business | Approved | |
|---|---|---|
| Brendan Kenny | $2,842,000 | |
| Meeting House Lane Medical Practice PC | $2,067,000 | |
| Emil Norsic & Son INC | $1,203,800 | |
| Revco Electrical Supply INC | $1,040,000 | |
| Bulgin & Associates INC | $1,035,098 |
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