PPP Loan information for Ocean front lounge, inc.

$444,700

Ocean front lounge, inc. was initially approved for PPP Loan of amount $444,700, the current approved amount is $444,700. The loan was approved on 04/08/2020 by The Bank Rhode Island reported 56 jobs and $444,700 was used to fund payroll.

Ocean front lounge, inc. is Existing or more than 2 years old

PPP Loan Search / RI / WAKEFIELD / Ocean front lounge, inc.

OCEAN FRONT LOUNGE, INC.

Date Approved

04/08/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

OCEAN FRONT LOUNGE, INC.

Borrower Address

895 MATUNUCK BEACH RD

Borrower City

WAKEFIELD

Borrower State

RI

Borrower Zip

02879-7049

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

444700.00

Current Approval Amount

444700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120245

Servicing Lender Name

Bank Rhode Island

Servicing Lender Address

One Turks Head Place

Servicing Lender City

PROVIDENCE

Servicing Lender State

RI

Servicing Lender Zip

02903-2219

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WAKEFIELD

Project County Name

WASHINGTON

Project State

RI

Project Zip

02879-7049

CD

RI-02

Jobs Reported

56

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

444700.00

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

120245

Originating Lender

Bank Rhode Island

Originating Lender City

PROVIDENCE

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

449307.59

Forgiveness Date

05/03/2021

;