1401 OCEAN LLC (NJ) - 2020 PPP Loan Borrower Profile (# 9834067205)

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

9834067205

SBA Office Code

0299

Processing Method

PPP

Curent Loan Amount

$349,637

Date Loan was Approved

Apr 28, 2020

Amount Forgiven

$353,736.85

Date Loan was Forgiven

Jul 9, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

349,637

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.