PPP Loan information for New ocean llc

$740,270

New ocean llc was initially approved for PPP Loan of amount $740,270, the current approved amount is $740,270. The loan was approved on 06/30/2020 by The Bristol County Savings Bank reported 87 jobs and $740,270 was used to fund payroll.

New ocean llc is New Business or 2 years or less

PPP Loan Search / MA / NEW BEDFORD / New ocean llc

NEW OCEAN LLC

Date Approved

06/30/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

NEW OCEAN LLC

Borrower Address

20 BLACKMER ST

Borrower City

NEW BEDFORD

Borrower State

MA

Borrower Zip

02744-2614

Loan Status Date

02/09/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

740270.00

Current Approval Amount

740270.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33371

Servicing Lender Name

Bristol County Savings Bank

Servicing Lender Address

29 Broadway

Servicing Lender City

TAUNTON

Servicing Lender State

MA

Servicing Lender Zip

02780-3269

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

NEW BEDFORD

Project County Name

BRISTOL

Project State

MA

Project Zip

02744-2614

CD

MA-09

Jobs Reported

87

NAICS Code

114111

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

740270.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

33371

Originating Lender

Bristol County Savings Bank

Originating Lender City

TAUNTON

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

746109.91

Forgiveness Date

04/13/2021

;