# PPP loan: EAST COAST SALOONS II LLC
> **$154K** approved 03/25/2021 · Charged Off · Loan `9242938601`
## Borrower
- **Name:** EAST COAST SALOONS II LLC
- **Address:** 600 Warren Ave, Spring Lake, NJ, 07762-2039
- **NAICS:** 561210
- **Business type:** Limited  Liability Company(LLC)
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $154K
- **Initial approval:** $154K
- **Forgiven:** $104K (67%)
- **Forgiveness date:** 03/27/2023
- **Status:** Charged Off
- **Term:** 31 months
## Use of funds
- **Payroll:** $154K
- **Utilities:** $1
- **Jobs reported:** 5
## Lender
- **Originating:** Third Coast Bank
- **Servicing:** Third Coast Bank (TX)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*