PPP Loan information for Ocean ii group llc

$121,203

Ocean ii group llc was initially approved for PPP Loan of amount $121,203, the current approved amount is $121,203. The loan was approved on 01/27/2021 by The Shore United Bank, National Association reported 15 jobs and $121,203 was used to fund payroll.

Ocean ii group llc is Existing or more than 2 years old

OCEAN II GROUP LLC

Date Approved

01/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

OCEAN II GROUP LLC

Borrower Address

12708 Ocean Gtwy

Borrower City

Ocean City

Borrower State

MD

Borrower Zip

21842-9542

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

121203.32

Current Approval Amount

121203.32

Undisbursed Amount

0.00

Franchise Name

Hampton Inn

Servicing Lender Location Id

30493

Servicing Lender Name

Shore United Bank, National Association

Servicing Lender Address

18 E Dover St

Servicing Lender City

EASTON

Servicing Lender State

MD

Servicing Lender Zip

21601-3013

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Ocean City

Project County Name

WORCESTER

Project State

MD

Project Zip

21842-9542

CD

MD-01

Jobs Reported

15

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

121202.32

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

30493

Originating Lender

Shore United Bank, National Association

Originating Lender City

EASTON

Originating Lender State

MD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

122358.90

Forgiveness Date

01/11/2022

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