PPP Loan information for The ocean grill inc.

$172,100

The ocean grill inc. was initially approved for PPP Loan of amount $172,100, the current approved amount is $172,100. The loan was approved on 04/29/2020 by The First-Citizens Bank & Trust Company reported 50 jobs and $172,100 was used to fund payroll.

The ocean grill inc. is New Business or 2 years or less

THE OCEAN GRILL INC.

Date Approved

04/29/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE OCEAN GRILL INC.

Borrower Address

1211 S LAKE PARK BLVD

Borrower City

CAROLINA BEACH

Borrower State

NC

Borrower Zip

28428-5522

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172100.00

Current Approval Amount

172100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

CAROLINA BEACH

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28428-5522

CD

NC-07

Jobs Reported

50

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

172100.00

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

Subchapter S Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

172998.74

Forgiveness Date

11/12/2020

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