PPP Loan information for Ocean city inc

$62,513

Ocean city inc was initially approved for PPP Loan of amount $62,513, the current approved amount is $62,513. The loan was approved on 01/25/2021 by The Bank of America, National Association reported 7 jobs and $62,513 was used to fund payroll.

Ocean city inc is Existing or more than 2 years old

OCEAN CITY INC

Date Approved

01/25/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

OCEAN CITY INC

Borrower Address

6247 Orchard Woods Dr

Borrower City

West Bloomfield

Borrower State

MI

Borrower Zip

48324-3285

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62513.00

Current Approval Amount

62513.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

West Bloomfield

Project County Name

OAKLAND

Project State

MI

Project Zip

48324-3285

CD

MI-11

Jobs Reported

7

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

62509.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

63415.58

Forgiveness Date

07/08/2022

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