# PPP loan: OCEAN GROVE OPERATING LLC
> **$875K** approved 02/16/2021 · Paid in Full · Loan `9113088403`
## Borrower
- **Name:** OCEAN GROVE OPERATING LLC
- **Address:** 70 Stockton Ave, Ocean Grove, NJ, 07756-1150
- **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:** $878K (100%)
- **Forgiveness date:** 07/19/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $875K
- **Utilities:** $1
- **Jobs reported:** 112
## 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*