PPP Loan information for Ocean iii group llc

$60,946

Ocean iii group llc was initially approved for PPP Loan of amount $60,946, the current approved amount is $60,946. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 15 jobs and $60,946 was used to fund payroll.

Ocean iii group llc is New Business or 2 years or less

OCEAN III GROUP LLC

Date Approved

05/01/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OCEAN III GROUP LLC

Borrower Address

20891 COASTAL HWY

Borrower City

REHOBOTH BEACH

Borrower State

DE

Borrower Zip

19971-8007

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

60946.00

Current Approval Amount

60946.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

REHOBOTH BEACH

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-8007

CD

DE-

Jobs Reported

15

NAICS Code

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

60946.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

51248.88

Forgiveness Date

12/10/2020

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