PPP Loan information for Ocean five hotel llc

$170,874

Ocean five hotel llc was initially approved for PPP Loan of amount $170,874, the current approved amount is $170,874. The loan was approved on 02/04/2021 by The Ocean Bank reported 9 jobs and $170,874 was used to fund payroll.

Ocean five hotel llc is Existing or more than 2 years old

PPP Loan Search / FL / Miami Beach / Ocean five hotel llc

OCEAN FIVE HOTEL LLC

Date Approved

02/04/2021

SBA Office Code

0455

Processing Method

PPS

Borrower Name

OCEAN FIVE HOTEL LLC

Borrower Address

436 Ocean Dr

Borrower City

Miami Beach

Borrower State

FL

Borrower Zip

33139-6614

Loan Status Date

01/31/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

170873.68

Current Approval Amount

170873.68

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

17414

Servicing Lender Name

Ocean Bank

Servicing Lender Address

780 NW 42nd Ave

Servicing Lender City

MIAMI

Servicing Lender State

FL

Servicing Lender Zip

33126-5540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Miami Beach

Project County Name

MIAMI-DADE

Project State

FL

Project Zip

33139-6614

CD

FL-24

Jobs Reported

9

NAICS Code

721110

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

170869.68

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

17414

Originating Lender

Ocean Bank

Originating Lender City

MIAMI

Originating Lender State

FL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

172287.48

Forgiveness Date

12/09/2021

;