Ocean Organics Corporation

$237,800 PPP Loan in Ann Arbor, Michigan

Loan Details

Loan Number
9782877209
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$237,800
Current Approval
$237,800
Forgiveness Amount
$240,621
Forgiveness Date
Jul 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ocean Organics Corporation
Address
2153 Newport Road
ZIP Code
48103-2331
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424910)
Business Age
Existing or more than 2 years old
Jobs Reported
20
Estimated Revenue
$5.1M
Rural/Urban
Urban
Congressional District
MI-06

Loan Use Breakdown

Payroll
$190,302
Mortgage Interest
$47,498

Lender Information

Servicing Lender
Comerica Bank
Originating Lender
Comerica Bank

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