# PPP loan: OCEAN GROVE OPERATING LLC
> **$875K** approved 04/28/2020 · Paid in Full · Loan `6932597200`
## Borrower
- **Name:** OCEAN GROVE OPERATING LLC
- **Address:** 70 STOCKTON AVE, OCEAN GROVE, NJ, 07753
- **NAICS:** 623312
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $875K
- **Initial approval:** $875K
- **Forgiven:** $882K (101%)
- **Forgiveness date:** 02/18/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $875K
- **Jobs reported:** 119
## Lender
- **Originating:** Signature Bank
- **Servicing:** Signature Bank (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*