1401 OCEAN LLC (NJ) - 2020 PPP Loan Borrower Profile (# 6815858410)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to 1401 OCEAN 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 New Jersey.

Loan Detail

Loan Number

6815858410

SBA Office Code

0299

Processing Method

PPS

Curent Loan Amount

$755,099

Date Loan was Approved

Feb 11, 2021

Amount Forgiven

$759,774.41

Date Loan was Forgiven

Dec 9, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Payroll Proced

755,099

Lender

Signature Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

721110

Borrower Location

Asbury Park, NJ

Project Location

Asbury Park, NJ

Rural/Urban

Urban

Hubzone

Yes

Labor Market Information (LMI)

Yes

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.