PPP Loan information for Ocean drive hotel llc

$409,937

Ocean drive hotel llc was initially approved for PPP Loan of amount $409,937, the current approved amount is $409,937. The loan was approved on 04/06/2020 by The Kleberg Bank, National Association reported 28 jobs and $409,937 was used to fund payroll.

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

PPP Loan Search / TX / CORPUS CHRISTI / Ocean drive hotel llc

OCEAN DRIVE HOTEL LLC

Date Approved

04/06/2020

SBA Office Code

0639

Processing Method

PPP

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

03/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409937.00

Current Approval Amount

409937.00

Undisbursed Amount

0.00

Franchise Name

Best Western - Membership Agreement

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

28

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20000.00

Payroll Proceed

349937.00

Mortgage Interest Proceed

40000.00

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

413227.73

Forgiveness Date

02/04/2021

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