PPP Loan information for Drive on the ocean

$183,646

Drive on the ocean was initially approved for PPP Loan of amount $183,646, the current approved amount is $183,646. The loan was approved on 02/09/2021 by The First Resource Bank reported 9 jobs and $183,646 was used to fund payroll.

Drive on the ocean is Existing or more than 2 years old

PPP Loan Search / PA / Downingtown / Drive on the ocean

DRIVE ON THE OCEAN

Date Approved

02/09/2021

SBA Office Code

0303

Processing Method

PPP

Borrower Name

DRIVE ON THE OCEAN

Borrower Address

40 Fox Hollow Rd

Borrower City

Downingtown

Borrower State

PA

Borrower Zip

19335-1890

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

183645.83

Current Approval Amount

183645.83

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

434113

Servicing Lender Name

First Resource Bank

Servicing Lender Address

1 E Uwchlan Ave, Ste 410

Servicing Lender City

EXTON

Servicing Lender State

PA

Servicing Lender Zip

19341-1271

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Downingtown

Project County Name

CHESTER

Project State

PA

Project Zip

19335-1890

CD

PA-06

Jobs Reported

9

NAICS Code

611710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

183641.83

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

Non-Profit Organization

Originating Lender Location Id

434113

Originating Lender

First Resource Bank

Originating Lender City

EXTON

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Y

Forgiveness Amount

184278.39

Forgiveness Date

06/15/2021

;