# PPP loan: OCEANFRONT PROPERTIES LLC
> **$661K** approved 04/27/2020 · Paid in Full · Loan `5452467203`
## Borrower
- **Name:** OCEANFRONT PROPERTIES LLC
- **Address:** 1045 Beach Ave, CAPE MAY, NJ, 08204-1613
- **NAICS:** 721110
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $661K
- **Initial approval:** $661K
- **Forgiven:** $667K (101%)
- **Forgiveness date:** 02/25/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $661K
- **Jobs reported:** 53
## Lender
- **Originating:** Sturdy Savings Bank
- **Servicing:** Sturdy Savings Bank (NJ)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*