# PPP loan: AOC OP CO, LLC
> **$495K** approved 06/26/2020 · Paid in Full · Loan `5031598009`
## Borrower
- **Name:** AOC OP CO, LLC
- **Address:** 1101 Ocean Avenue, ASBURY PARK, NJ, 07712
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $495K
- **Initial approval:** $495K
- **Forgiven:** $357K (72%)
- **Forgiveness date:** 05/27/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $299K
- **Utilities:** $148K
- **Health care:** $48K
- **Jobs reported:** 88
## Lender
- **Originating:** JPMorgan Chase Bank, National Association
- **Servicing:** JPMorgan Chase Bank, National Association (OH)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*