7450 OCEAN TERRACE LLC (FL) - 2020 PPP Loan Borrower Profile (# 6521518407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 7450 OCEAN TERRACE 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

6521518407

SBA Office Code

0455

Processing Method

PPS

Curent Loan Amount

$222,236

Date Loan was Approved

Feb 10, 2021

Amount Forgiven

$225,554.32

Date Loan was Forgiven

Sep 7, 2022

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

222,230

Lender

City National Bank of Florida

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Miami, FL

Project Location

Miami, 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.