PPP Loan information for Oceanfront properties llc

$661,333

Oceanfront properties llc was initially approved for PPP Loan of amount $661,333, the current approved amount is $661,333. The loan was approved on 04/27/2020 by The Sturdy Savings Bank reported 53 jobs and $661,333 was used to fund payroll.

Oceanfront properties llc is New Business or 2 years or less

OCEANFRONT PROPERTIES LLC

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEANFRONT PROPERTIES LLC

Borrower Address

1045 Beach Ave

Borrower City

CAPE MAY

Borrower State

NJ

Borrower Zip

08204-1613

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

661332.50

Current Approval Amount

661332.50

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

New Business or 2 years or less

Project City

CAPE MAY

Project County Name

CAPE MAY

Project State

NJ

Project Zip

08204-1613

CD

NJ-02

Jobs Reported

53

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

661332.50

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

666751.75

Forgiveness Date

02/25/2021

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