PPP Loan information for 1401 ocean llc

$755,099

1401 ocean llc was initially approved for PPP Loan of amount $489,491, the current approved amount is $755,099. The loan was approved on 02/11/2021 by The Signature Bank reported 46 jobs and $755,099 was used to fund payroll.

1401 ocean llc is Existing or more than 2 years old

1401 OCEAN LLC

Date Approved

02/11/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

1401 OCEAN LLC

Borrower Address

1401 Ocean Ave

Borrower City

Asbury Park

Borrower State

NJ

Borrower Zip

07712-5612

Loan Status Date

02/27/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

489491.00

Current Approval Amount

755099.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

224478

Servicing Lender Name

Signature Bank

Servicing Lender Address

565 5th Ave, 12th Fl

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-2496

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Asbury Park

Project County Name

MONMOUTH

Project State

NJ

Project Zip

07712-5612

CD

NJ-06

Jobs Reported

46

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

755099.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

224478

Originating Lender

Signature Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

759774.41

Forgiveness Date

12/09/2021

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