Date Approved
04/28/2020
SBA Office Code
0299
Processing Method
PPP
Borrower Name
1401 OCEAN LLC
Borrower Address
1401 OCEAN AVE
Borrower City
ASBURY PARK
Borrower State
NJ
Borrower Zip
07712
Loan Status Date
12/21/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
349637.00
Current Approval Amount
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
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MONMOUTH
Project State
Project Zip
07712-0001
CD
NJ-04
Jobs Reported
46
NAICS Code
721110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Limited Liability Company(LLC)
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
353736.85
Forgiveness Date
07/09/2021