PPP Loan information for Ocean breeze resort llc

$310,500

Ocean breeze resort llc was initially approved for PPP Loan of amount $310,500, the current approved amount is $310,500. The loan was approved on 04/11/2020 by The Newtek Small Business Finance, Inc. reported 60 jobs and $310,500 was used to fund payroll.

Ocean breeze resort llc is Existing or more than 2 years old

OCEAN BREEZE RESORT LLC

Date Approved

04/11/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

OCEAN BREEZE RESORT LLC

Borrower Address

3 WILLIAMS AVE

Borrower City

MYSTIC

Borrower State

CT

Borrower Zip

06355-2724

Loan Status Date

02/17/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

310500.00

Current Approval Amount

310500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MYSTIC

Project County Name

NEW LONDON

Project State

CT

Project Zip

06355-2724

CD

CT-02

Jobs Reported

60

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

310500.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

315813.00

Forgiveness Date

01/12/2022

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