AMERICAN OCEANIC COATINGS CORPORATION (VA) - 2020 PPP Loan Borrower Profile (# 2707837108)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to AMERICAN OCEANIC COATINGS CORPORATION. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Virginia.

Loan Detail

Loan Number

2707837108

SBA Office Code

0304

Processing Method

PPP

Curent Loan Amount

$247,300

Date Loan was Approved

Apr 11, 2020

Amount Forgiven

$248,886.84

Date Loan was Forgiven

Dec 10, 2020

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

247,300

Lender

TowneBank

Business Detail

Business Type

Corporation

NAICS

238330

Borrower Location

VIRGINIA BEACH, VA

Project Location

VIRGINIA BEACH, VA

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.