PPP Loan information for Ocean auto center inc

$1,110,900

Ocean auto center inc was initially approved for PPP Loan of amount $925,000, the current approved amount is $1,110,900. The loan was approved on 04/07/2020 by The City National Bank of Florida reported 94 jobs and $1,110,900 was used to fund payroll.

Ocean auto center inc is Existing or more than 2 years old

OCEAN AUTO CENTER INC

Date Approved

04/07/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

OCEAN AUTO CENTER INC

Borrower Address

9675 NW 12TH STREET

Borrower City

Doral

Borrower State

FL

Borrower Zip

33172-2825

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

925000.00

Current Approval Amount

1110900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17124

Servicing Lender Name

City National Bank of Florida

Servicing Lender Address

100 SE 2nd St

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33131

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Doral

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33172-2825

CD

FL-26

Jobs Reported

94

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

277725.00

Payroll Proceed

833175.00

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

Corporation

Originating Lender Location Id

17124

Originating Lender

City National Bank of Florida

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1125752.58

Forgiveness Date

08/19/2021

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