PPP Loan information for Ocean drive hotel llc

$556,284

Ocean drive hotel llc was initially approved for PPP Loan of amount $556,284, the current approved amount is $556,284. The loan was approved on 02/04/2021 by The Kleberg Bank, National Association reported 50 jobs and $556,284 was used to fund payroll.

Ocean drive hotel llc is Existing or more than 2 years old

OCEAN DRIVE HOTEL LLC

Date Approved

02/04/2021

SBA Office Code

0639

Processing Method

PPS

Borrower Name

OCEAN DRIVE HOTEL LLC

Borrower Address

6030 Ocean Dr

Borrower City

Corpus Christi

Borrower State

TX

Borrower Zip

78412-2862

Loan Status Date

02/15/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

556283.98

Current Approval Amount

556283.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

70615

Servicing Lender Name

Kleberg Bank, National Association

Servicing Lender Address

100 E Kleberg Ave

Servicing Lender City

KINGSVILLE

Servicing Lender State

TX

Servicing Lender Zip

78363-4571

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Corpus Christi

Project County Name

NUECES

Project State

TX

Project Zip

78412-2862

CD

TX-27

Jobs Reported

50

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

556277.98

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

70615

Originating Lender

Kleberg Bank, National Association

Originating Lender City

KINGSVILLE

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

561389.60

Forgiveness Date

01/11/2022

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