PPP Loan information for Oceanfront properties llc

$1,038,213

Oceanfront properties llc was initially approved for PPP Loan of amount $1,038,213, the current approved amount is $1,038,213. The loan was approved on 02/01/2021 by The Sturdy Savings Bank reported 75 jobs and $1,038,213 was used to fund payroll.

Oceanfront properties llc is Existing or more than 2 years old

OCEANFRONT PROPERTIES LLC

Date Approved

02/01/2021

SBA Office Code

0299

Processing Method

PPS

Borrower Name

OCEANFRONT PROPERTIES LLC

Borrower Address

1045 Beach Ave

Borrower City

Cape May

Borrower State

NJ

Borrower Zip

08204-1613

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1038212.98

Current Approval Amount

1038212.98

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80115

Servicing Lender Name

Sturdy Savings Bank

Servicing Lender Address

9417 Third Ave

Servicing Lender City

STONE HARBOR

Servicing Lender State

NJ

Servicing Lender Zip

08247-1926

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cape May

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-1613

CD

NJ-02

Jobs Reported

75

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

1038210.98

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

80115

Originating Lender

Sturdy Savings Bank

Originating Lender City

STONE HARBOR

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1044990.20

Forgiveness Date

10/06/2021

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