PPP Loan information for Ocean view family restaurant

$106,200

Ocean view family restaurant was initially approved for PPP Loan of amount $106,200, the current approved amount is $106,200. The loan was approved on 04/08/2020 by The Fulton Bank, National Association reported 25 jobs and $106,200 was used to fund payroll.

Ocean view family restaurant is Existing or more than 2 years old

OCEAN VIEW FAMILY RESTAURANT

Date Approved

04/08/2020

SBA Office Code

0341

Processing Method

PPP

Borrower Name

OCEAN VIEW FAMILY RESTAURANT

Borrower Address

40 Atlantic Avenue

Borrower City

OCEAN VIEW

Borrower State

DE

Borrower Zip

19970-9180

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

106200.00

Current Approval Amount

106200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60701

Servicing Lender Name

Fulton Bank, National Association

Servicing Lender Address

One Penn Sq

Servicing Lender City

LANCASTER

Servicing Lender State

PA

Servicing Lender Zip

17602-2853

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OCEAN VIEW

Project County Name

SUSSEX

Project State

DE

Project Zip

19970-9180

CD

DE-

Jobs Reported

25

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

79650.00

Mortgage Interest Proceed

0.00

Rent Proceed

26550.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

60701

Originating Lender

Fulton Bank, National Association

Originating Lender City

LANCASTER

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

107273.80

Forgiveness Date

04/21/2021

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