PPP Loan information for Ocean computer group

$497,965

Ocean computer group was initially approved for PPP Loan of amount $643,843, the current approved amount is $497,965. The loan was approved on 04/15/2020 by The Provident Bank reported 30 jobs and $497,965 was used to fund payroll.

Ocean computer group is Existing or more than 2 years old

OCEAN COMPUTER GROUP

Date Approved

04/15/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEAN COMPUTER GROUP

Borrower Address

90 MATAWAN RD

Borrower City

MATAWAN

Borrower State

NJ

Borrower Zip

07747-2624

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

643843.00

Current Approval Amount

497965.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

43795

Servicing Lender Name

Provident Bank

Servicing Lender Address

239 Washington St

Servicing Lender City

JERSEY CITY

Servicing Lender State

NJ

Servicing Lender Zip

07302-3828

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MATAWAN

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07747-2624

CD

NJ-06

Jobs Reported

30

NAICS Code

423430

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

497965.00

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

Subchapter S Corporation

Originating Lender Location Id

43795

Originating Lender

Provident Bank

Originating Lender City

JERSEY CITY

Originating Lender State

NJ

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

502808.22

Forgiveness Date

04/13/2021

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