PPP Loan information for Ocean club hotel cm llc

$350,111

Ocean club hotel cm llc was initially approved for PPP Loan of amount $350,111, the current approved amount is $350,111. The loan was approved on 02/13/2021 by The Crest Savings Bank reported 50 jobs and $350,111 was used to fund payroll.

Ocean club hotel cm llc is Existing or more than 2 years old

OCEAN CLUB HOTEL CM LLC

Date Approved

02/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCEAN CLUB HOTEL CM LLC

Borrower Address

1035 Beach Ave

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-1613

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350111.05

Current Approval Amount

350111.05

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80150

Servicing Lender Name

Crest Savings Bank

Servicing Lender Address

3301 Pacific Ave

Servicing Lender City

WILDWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08260-4823

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape May

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-1613

CD

NJ-02

Jobs Reported

50

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

350109.05

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

80150

Originating Lender

Crest Savings Bank

Originating Lender City

WILDWOOD

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

353680.24

Forgiveness Date

02/25/2022

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