PPP Loan information for The waves oceanfront motel, llc

$250,041

The waves oceanfront motel, llc was initially approved for PPP Loan of amount $250,041, the current approved amount is $250,041. The loan was approved on 04/28/2020 by The Umpqua Bank reported 23 jobs and $250,041 was used to fund payroll.

The waves oceanfront motel, llc is Existing or more than 2 years old

PPP Loan Search / OR / Cannon Beach / The waves oceanfront motel, llc

THE WAVES OCEANFRONT MOTEL, LLC

Date Approved

04/28/2020

SBA Office Code

1086

Processing Method

PPP

Borrower Name

THE WAVES OCEANFRONT MOTEL, LLC

Borrower Address

188 W. 2nd St.

Borrower City

Cannon Beach

Borrower State

OR

Borrower Zip

97110-0003

Loan Status Date

03/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250041.00

Current Approval Amount

250041.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

59698

Servicing Lender Name

Umpqua Bank

Servicing Lender Address

445 SE Main St, First Fl

Servicing Lender City

ROSEBURG

Servicing Lender State

OR

Servicing Lender Zip

97470-4934

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Cannon Beach

Project County Name

CLATSOP

Project State

OR

Project Zip

97110-0003

CD

OR-01

Jobs Reported

23

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250041.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

59698

Originating Lender

Umpqua Bank

Originating Lender City

ROSEBURG

Originating Lender State

OR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

226968.58

Forgiveness Date

02/10/2021

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