PPP Loan information for Ocean drive inc.

$242,875

Ocean drive inc. was initially approved for PPP Loan of amount $242,875, the current approved amount is $242,875. The loan was approved on 03/13/2021 by The Community Federal Savings Bank reported 25 jobs and $242,875 was used to fund payroll.

Ocean drive inc. is Existing or more than 2 years old

OCEAN DRIVE INC.

Date Approved

03/13/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCEAN DRIVE INC.

Borrower Address

530 N Michigan Ave

Borrower City

Kenilworth

Borrower State

NJ

Borrower Zip

07033-1023

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

242875.37

Current Approval Amount

242875.37

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225775

Servicing Lender Name

Community Federal Savings Bank

Servicing Lender Address

89-16 Jamaica Ave

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

11421-2040

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kenilworth

Project County Name

UNION

Project State

NJ

Project Zip

07033-1023

CD

NJ-10

Jobs Reported

25

NAICS Code

315210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

242871.37

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

Corporation

Originating Lender Location Id

225775

Originating Lender

Community Federal Savings Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

244373.10

Forgiveness Date

10/27/2021

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