PPP Loan information for Ocean 500 of revere llc

$202,300

Ocean 500 of revere llc was initially approved for PPP Loan of amount $202,300, the current approved amount is $202,300. The loan was approved on 04/12/2020 by The Liberty Bank reported 53 jobs and $202,300 was used to fund payroll.

Ocean 500 of revere llc is New Business or 2 years or less

OCEAN 500 OF REVERE LLC

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

OCEAN 500 OF REVERE LLC

Borrower Address

500 OCEAN AVE

Borrower City

REVERE

Borrower State

MA

Borrower Zip

02151-1393

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

202300.00

Current Approval Amount

202300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16282

Servicing Lender Name

Liberty Bank

Servicing Lender Address

315 Main St

Servicing Lender City

MIDDLETOWN

Servicing Lender State

CT

Servicing Lender Zip

06457-3345

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

REVERE

Project County Name

SUFFOLK

Project State

MA

Project Zip

02151-1393

CD

MA-05

Jobs Reported

53

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

202300.00

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

16282

Originating Lender

Liberty Bank

Originating Lender City

MIDDLETOWN

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

204766.94

Forgiveness Date

07/09/2021

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