PPP Loan information for Ocean renewable power company, inc.

$425,000

Ocean renewable power company, inc. was initially approved for PPP Loan of amount $425,000, the current approved amount is $425,000. The loan was approved on 04/07/2020 by The Bangor Savings Bank reported 22 jobs and $425,000 was used to fund payroll.

Ocean renewable power company, inc. is Existing or more than 2 years old

PPP Loan Search / ME / PORTLAND / Ocean renewable power company, inc.

OCEAN RENEWABLE POWER COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

OCEAN RENEWABLE POWER COMPANY, INC.

Borrower Address

254 Commercial Street, Suite 119B

Borrower City

PORTLAND

Borrower State

ME

Borrower Zip

04101-1110

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

425000.00

Current Approval Amount

425000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29389

Servicing Lender Name

Bangor Savings Bank

Servicing Lender Address

24 Hamlin Way

Servicing Lender City

BANGOR

Servicing Lender State

ME

Servicing Lender Zip

04401-6497

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

PORTLAND

Project County Name

CUMBERLAND

Project State

ME

Project Zip

04101-1110

CD

ME-01

Jobs Reported

22

NAICS Code

221111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

425000.00

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

29389

Originating Lender

Bangor Savings Bank

Originating Lender City

BANGOR

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

429273.61

Forgiveness Date

04/20/2021

;