# PPP loan: OCEAN CONVALESCENT CENTER INC.
> **$1.16M** approved 05/01/2020 · Paid in Full · Loan `8886737703`
## Borrower
- **Name:** OCEAN CONVALESCENT CENTER INC.
- **Address:** 1579 OLD FREEHOLD RD, TOMS RIVER, NJ, 08755
- **NAICS:** 623311
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.16M
- **Initial approval:** $1.16M
- **Status:** Paid in Full
- **Term:** 6 months
## Use of funds
- **Payroll:** $1.16M
- **Jobs reported:** 226
## Lender
- **Originating:** Cross River Bank
- **Servicing:** Cross River Bank (NJ)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*