PPP Loan information for Ocean house management llc

$1,995,000

Ocean house management llc was initially approved for PPP Loan of amount $1,995,000, the current approved amount is $1,995,000. The loan was approved on 02/25/2021 by The The Washington Trust Company of Westerly reported 180 jobs and $1,995,000 was used to fund payroll.

Ocean house management llc is Existing or more than 2 years old

PPP Loan Search / RI / Westerly / Ocean house management llc

OCEAN HOUSE MANAGEMENT LLC

Date Approved

02/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

OCEAN HOUSE MANAGEMENT LLC

Borrower Address

1 Bluff Ave

Borrower City

Westerly

Borrower State

RI

Borrower Zip

02891-5703

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1995000.00

Current Approval Amount

1995000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65777

Servicing Lender Name

The Washington Trust Company of Westerly

Servicing Lender Address

23 Broad St

Servicing Lender City

WESTERLY

Servicing Lender State

RI

Servicing Lender Zip

02891-1879

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Westerly

Project County Name

WASHINGTON

Project State

RI

Project Zip

02891-5703

CD

RI-02

Jobs Reported

180

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1994995.00

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

65777

Originating Lender

The Washington Trust Company of Westerly

Originating Lender City

WESTERLY

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

2006803.75

Forgiveness Date

10/04/2021

;