PPP Loan information for Ocean front ventures llc

$680,376

Ocean front ventures llc was initially approved for PPP Loan of amount $680,376, the current approved amount is $680,376. The loan was approved on 02/06/2021 by The County Bank reported 42 jobs and $680,376 was used to fund payroll.

Ocean front ventures llc is Existing or more than 2 years old

OCEAN FRONT VENTURES LLC

Date Approved

02/06/2021

SBA Office Code

0341

Processing Method

PPS

Borrower Name

OCEAN FRONT VENTURES LLC

Borrower Address

97 Garfield Pkwy

Borrower City

Bethany Beach

Borrower State

DE

Borrower Zip

19930-7756

Loan Status Date

02/26/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

680375.77

Current Approval Amount

680375.77

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

116651

Servicing Lender Name

County Bank

Servicing Lender Address

19927 Shuttle Rd

Servicing Lender City

REHOBOTH BEACH

Servicing Lender State

DE

Servicing Lender Zip

19971-4214

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Bethany Beach

Project County Name

SUSSEX

Project State

DE

Project Zip

19930-7756

CD

DE-

Jobs Reported

42

NAICS Code

722511

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

680369.77

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

116651

Originating Lender

County Bank

Originating Lender City

REHOBOTH BEACH

Originating Lender State

DE

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

686247.51

Forgiveness Date

12/27/2021

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