PPP Loan information for Ocean cuts llc

$26,300

Ocean cuts llc was initially approved for PPP Loan of amount $19,100, the current approved amount is $26,300. The loan was approved on 04/03/2020 by The First Commerce Bank reported 13 jobs and $26,300 was used to fund payroll.

Ocean cuts llc is Existing or more than 2 years old

OCEAN CUTS LLC

Date Approved

04/03/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEAN CUTS LLC

Borrower Address

782 Route 9

Borrower City

BAYVILLE

Borrower State

NJ

Borrower Zip

08721

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

19100.00

Current Approval Amount

26300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437880

Servicing Lender Name

First Commerce Bank

Servicing Lender Address

105 River Ave

Servicing Lender City

LAKEWOOD

Servicing Lender State

NJ

Servicing Lender Zip

08701-4267

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAYVILLE

Project County Name

OCEAN

Project State

NJ

Project Zip

08721-0001

CD

NJ-04

Jobs Reported

13

NAICS Code

812111

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

26300.00

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

437880

Originating Lender

First Commerce Bank

Originating Lender City

LAKEWOOD

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

26559.35

Forgiveness Date

04/01/2021

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