1244 OCEAN DRIVE LLC (FL) - 2020 PPP Loan Borrower Profile (# 5605737007)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1244 OCEAN DRIVE LLC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in Florida.

Loan Detail

Loan Number

5605737007

SBA Office Code

0455

Processing Method

PPP

Curent Loan Amount

$243,200

Date Loan was Approved

Apr 6, 2020

Amount Forgiven

$245,658.65

Date Loan was Forgiven

Apr 21, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Utilities Proced

60,800

Payroll Proced

182,400

Lender

City National Bank of Florida

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

722511

Borrower Location

MIAMI BEACH, FL

Project Location

MIAMI BEACH, FL

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.