PPP Loan information for Ocean atlantic management

$216,200

Ocean atlantic management was initially approved for PPP Loan of amount $216,200, the current approved amount is $216,200. The loan was approved on 04/08/2020 by The Hebron Savings Bank reported 14 jobs and $216,200 was used to fund payroll.

Ocean atlantic management is Existing or more than 2 years old

PPP Loan Search / DE / REHOBOTH BEACH / Ocean atlantic management

OCEAN ATLANTIC MANAGEMENT

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OCEAN ATLANTIC MANAGEMENT

Borrower Address

18949 Costal Highway, Suite 301

Borrower City

REHOBOTH BEACH

Borrower State

DE

Borrower Zip

19971-6218

Loan Status Date

12/10/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

216200.00

Current Approval Amount

216200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

30707

Servicing Lender Name

Hebron Savings Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

HEBRON

Servicing Lender State

MD

Servicing Lender Zip

21830-1039

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

REHOBOTH BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-6218

CD

DE-

Jobs Reported

14

NAICS Code

531390

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

216200.00

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

Subchapter S Corporation

Originating Lender Location Id

30707

Originating Lender

Hebron Savings Bank

Originating Lender City

HEBRON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

217377.09

Forgiveness Date

11/03/2020

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