PPP Loan information for Blue ocean hospitality llc

$507,700

Blue ocean hospitality llc was initially approved for PPP Loan of amount $507,700, the current approved amount is $507,700. The loan was approved on 05/05/2020 by The Truist Bank reported 65 jobs and $507,700 was used to fund payroll.

Blue ocean hospitality llc is New Business or 2 years or less

BLUE OCEAN HOSPITALITY LLC

Date Approved

05/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

BLUE OCEAN HOSPITALITY LLC

Borrower Address

3838 N Causeway Blvd

Borrower City

metairie

Borrower State

LA

Borrower Zip

70002

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

507700.00

Current Approval Amount

507700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

metairie

Project County Name

JEFFERSON

Project State

LA

Project Zip

70002-0002

CD

LA-01

Jobs Reported

65

NAICS Code

721110

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

507700.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

515907.82

Forgiveness Date

12/16/2021

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