PPP Loan information for Oci office concepts inc

$50,000

Oci office concepts inc was initially approved for PPP Loan of amount $50,000, the current approved amount is $50,000. The loan was approved on 03/27/2021 by The BankGloucester reported 3 jobs and $50,000 was used to fund payroll.

Oci office concepts inc is Existing or more than 2 years old

OCI OFFICE CONCEPTS INC

Date Approved

03/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OCI OFFICE CONCEPTS INC

Borrower Address

100 Cummings Ctr Ste 139G

Borrower City

Beverly

Borrower State

MA

Borrower Zip

01915-6127

Loan Status Date

02/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50000.00

Current Approval Amount

50000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89293

Servicing Lender Name

BankGloucester

Servicing Lender Address

160 Main St

Servicing Lender City

GLOUCESTER

Servicing Lender State

MA

Servicing Lender Zip

01930-5732

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Beverly

Project County Name

ESSEX

Project State

MA

Project Zip

01915-6127

CD

MA-06

Jobs Reported

3

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

49997.00

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

89293

Originating Lender

BankGloucester

Originating Lender City

GLOUCESTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

50406.85

Forgiveness Date

01/21/2022

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