PPP Loan information for The waves oceanfront motel llc

$350,056

The waves oceanfront motel llc was initially approved for PPP Loan of amount $350,056, the current approved amount is $350,056. The loan was approved on 02/12/2021 by The Umpqua Bank reported 23 jobs and $350,056 was used to fund payroll.

The waves oceanfront motel llc is Existing or more than 2 years old

PPP Loan Search / OR / Cannon Beach / The waves oceanfront motel llc

THE WAVES OCEANFRONT MOTEL LLC

Date Approved

02/12/2021

SBA Office Code

1086

Processing Method

PPS

Borrower Name

THE WAVES OCEANFRONT MOTEL LLC

Borrower Address

188 W 2nd Ave

Borrower City

Cannon Beach

Borrower State

OR

Borrower Zip

97110-2005

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350056.00

Current Approval Amount

350056.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cannon Beach

Project County Name

CLATSOP

Project State

OR

Project Zip

97110-2005

CD

OR-01

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

350054.00

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

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

352137.15

Forgiveness Date

09/28/2021

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