PPP Loan information for Oc r&d inc

$133,700

Oc r&d inc was initially approved for PPP Loan of amount $133,700, the current approved amount is $133,700. The loan was approved on 05/11/2020 by The Manufacturers and Traders Trust Company reported 14 jobs and $133,700 was used to fund payroll.

Oc r&d inc is Existing or more than 2 years old

PPP Loan Search / MD / Ocean City / Oc r&d inc

OC R&D INC

Date Approved

05/11/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

OC R&D INC

Borrower Address

12 48th Street

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842

Loan Status Date

01/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133700.00

Current Approval Amount

133700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-1100

CD

MD-01

Jobs Reported

14

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6656.00

Payroll Proceed

100298.00

Mortgage Interest Proceed

26746.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134498.54

Forgiveness Date

12/23/2020

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