PPP Loan information for Ocean organics corporation

$237,800

Ocean organics corporation was initially approved for PPP Loan of amount $237,800, the current approved amount is $237,800. The loan was approved on 04/28/2020 by The Comerica Bank reported 20 jobs and $237,800 was used to fund payroll.

Ocean organics corporation is Existing or more than 2 years old

PPP Loan Search / MI / Ann Arbor / Ocean organics corporation

OCEAN ORGANICS CORPORATION

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

OCEAN ORGANICS CORPORATION

Borrower Address

2153 Newport Road

Borrower City

Ann Arbor

Borrower State

MI

Borrower Zip

48103-2331

Loan Status Date

08/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

237800.00

Current Approval Amount

237800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ann Arbor

Project County Name

WASHTENAW

Project State

MI

Project Zip

48103-2331

CD

MI-06

Jobs Reported

20

NAICS Code

424910

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

190302.00

Mortgage Interest Proceed

47498.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

240620.57

Forgiveness Date

07/02/2021

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