PPP Loan information for Ocean iii group llc

$85,323

Ocean iii group llc was initially approved for PPP Loan of amount $85,323, the current approved amount is $85,323. The loan was approved on 03/06/2021 by The Bank of America, National Association reported 15 jobs and $85,323 was used to fund payroll.

Ocean iii group llc is Existing or more than 2 years old

PPP Loan Search / DE / Rehoboth Beach / Ocean iii group llc

OCEAN III GROUP LLC

Date Approved

03/06/2021

SBA Office Code

0341

Processing Method

PPS

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

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

85323.00

Current Approval Amount

85323.00

Undisbursed Amount

0.00

Franchise Name

Quality Inn by Choice Hotels /Quality Inn & Suites by Choice Hotels

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

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rehoboth Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19971-8007

CD

DE-

Jobs Reported

15

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

85322.00

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

85736.76

Forgiveness Date

09/01/2021

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