PPP Loan information for Ocean convalescent center inc.

$1,156,663

Ocean convalescent center inc. was initially approved for PPP Loan of amount $1,156,663, the current approved amount is $1,156,663. The loan was approved on 05/01/2020 by The Cross River Bank reported 226 jobs and $1,156,663 was used to fund payroll.

Ocean convalescent center inc. is Existing or more than 2 years old

PPP Loan Search / NJ / TOMS RIVER / Ocean convalescent center inc.

OCEAN CONVALESCENT CENTER INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

OCEAN CONVALESCENT CENTER INC.

Borrower Address

1579 OLD FREEHOLD RD

Borrower City

TOMS RIVER

Borrower State

NJ

Borrower Zip

08755

Loan Status Date

02/17/2023

Loan Status

Paid in Full

Term

6

SBA Guaranty Percentage

100

Initial Approval Amount

1156662.50

Current Approval Amount

1156662.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOMS RIVER

Project County Name

OCEAN

Project State

NJ

Project Zip

08755-0001

CD

NJ-04

Jobs Reported

226

NAICS Code

623311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1156662.50

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

0.00

Forgiveness Date

;