PPP Loan information for Ocean front ventures llc

$485,983

Ocean front ventures llc was initially approved for PPP Loan of amount $205,986, the current approved amount is $485,983. The loan was approved on 04/27/2020 by The County Bank reported 23 jobs and $485,983 was used to fund payroll.

Ocean front ventures llc is Existing or more than 2 years old

PPP Loan Search / DE / BETHANY BEACH / Ocean front ventures llc

OCEAN FRONT VENTURES LLC

Date Approved

04/27/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OCEAN FRONT VENTURES LLC

Borrower Address

97 garfeild pkwy

Borrower City

BETHANY BEACH

Borrower State

DE

Borrower Zip

19930

Loan Status Date

05/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

205985.91

Current Approval Amount

485982.69

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116651

Servicing Lender Name

County Bank

Servicing Lender Address

19927 Shuttle Rd

Servicing Lender City

REHOBOTH BEACH

Servicing Lender State

DE

Servicing Lender Zip

19971-4214

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BETHANY BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19930-0001

CD

DE-

Jobs Reported

23

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

485982.69

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

116651

Originating Lender

County Bank

Originating Lender City

REHOBOTH BEACH

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

490815.89

Forgiveness Date

04/30/2021

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