PPP Loan information for Ocean crest inn and suites llc

$95,850

Ocean crest inn and suites llc was initially approved for PPP Loan of amount $95,850, the current approved amount is $95,850. The loan was approved on 01/21/2021 by The First Palmetto Bank reported 24 jobs and $95,850 was used to fund payroll.

Ocean crest inn and suites llc is Existing or more than 2 years old

OCEAN CREST INN AND SUITES LLC

Date Approved

01/21/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

OCEAN CREST INN AND SUITES LLC

Borrower Address

601 S Ocean Blvd

Borrower City

Myrtle Beach

Borrower State

SC

Borrower Zip

29577-4480

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

95850.47

Current Approval Amount

95850.47

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

79252

Servicing Lender Name

First Palmetto Bank

Servicing Lender Address

407 DeKalb St

Servicing Lender City

CAMDEN

Servicing Lender State

SC

Servicing Lender Zip

29020-4437

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Myrtle Beach

Project County Name

HORRY

Project State

SC

Project Zip

29577-4480

CD

SC-07

Jobs Reported

24

NAICS Code

721110

Race

Asian

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

95844.47

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

79252

Originating Lender

First Palmetto Bank

Originating Lender City

CAMDEN

Originating Lender State

SC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

96580.00

Forgiveness Date

10/25/2021

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