PPP Loan information for Ocean cafe inc.

$639,572

Ocean cafe inc. was initially approved for PPP Loan of amount $639,572, the current approved amount is $639,572. The loan was approved on 01/20/2021 by The Coastal Heritage Bank reported 45 jobs and $639,572 was used to fund payroll.

Ocean cafe inc. is Existing or more than 2 years old

PPP Loan Search / MA / Brant Rock / Ocean cafe inc.

OCEAN CAFE INC.

Date Approved

01/20/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

OCEAN CAFE INC.

Borrower Address

291-293 Ocean Street

Borrower City

Brant Rock

Borrower State

MA

Borrower Zip

02020

Loan Status Date

11/05/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

639572.00

Current Approval Amount

639572.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89718

Servicing Lender Name

Coastal Heritage Bank

Servicing Lender Address

744 Broad St

Servicing Lender City

EAST WEYMOUTH

Servicing Lender State

MA

Servicing Lender Zip

02189-2004

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brant Rock

Project County Name

PLYMOUTH

Project State

MA

Project Zip

02020

CD

MA-09

Jobs Reported

45

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

639572.00

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

Corporation

Originating Lender Location Id

89718

Originating Lender

Coastal Heritage Bank

Originating Lender City

EAST WEYMOUTH

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

644338.13

Forgiveness Date

10/27/2021

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