PPP Loan information for Ocean 500 of revere llc

$246,940

Ocean 500 of revere llc was initially approved for PPP Loan of amount $246,940, the current approved amount is $246,940. The loan was approved on 02/17/2021 by The Liberty Bank reported 49 jobs and $246,940 was used to fund payroll.

Ocean 500 of revere llc is Existing or more than 2 years old

OCEAN 500 OF REVERE LLC

Date Approved

02/17/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

OCEAN 500 OF REVERE LLC

Borrower Address

68 N Cove Rd

Borrower City

Old Saybrook

Borrower State

CT

Borrower Zip

06475-2560

Loan Status Date

04/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

246940.15

Current Approval Amount

246940.15

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Old Saybrook

Project County Name

MIDDLESEX

Project State

CT

Project Zip

06475-2560

CD

CT-02

Jobs Reported

49

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

246936.15

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

249478.15

Forgiveness Date

03/08/2022

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