PPP Loan information for Ocean five hotel llc

$122,179

Ocean five hotel llc was initially approved for PPP Loan of amount $122,179, the current approved amount is $122,179. The loan was approved on 04/11/2020 by The Ocean Bank reported 27 jobs and $122,179 was used to fund payroll.

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

OCEAN FIVE HOTEL LLC

Date Approved

04/11/2020

SBA Office Code

0455

Processing Method

PPP

Borrower Name

OCEAN FIVE HOTEL LLC

Borrower Address

436 OCEAN DR

Borrower City

MIAMI BEACH

Borrower State

FL

Borrower Zip

33139-6614

Loan Status Date

09/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

122179.00

Current Approval Amount

122179.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17414

Servicing Lender Name

Ocean Bank

Servicing Lender Address

780 NW 42nd Ave

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33126-5540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIAMI BEACH

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-6614

CD

FL-24

Jobs Reported

27

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

122179.00

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

17414

Originating Lender

Ocean Bank

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

123832.60

Forgiveness Date

08/25/2021

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