PPP Loan information for Discovery island, inc

$55,000

Discovery island, inc was initially approved for PPP Loan of amount $55,000, the current approved amount is $55,000. The loan was approved on 04/30/2020 by The Regions Bank reported 15 jobs and $55,000 was used to fund payroll.

Discovery island, inc is Existing or more than 2 years old

DISCOVERY ISLAND, INC

Date Approved

04/30/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

DISCOVERY ISLAND, INC

Borrower Address

24843 Commercial Ave

Borrower City

Orange Beach

Borrower State

AL

Borrower Zip

36561

Loan Status Date

08/05/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

55000.00

Current Approval Amount

55000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Orange Beach

Project County Name

BALDWIN

Project State

AL

Project Zip

36561-0001

CD

AL-01

Jobs Reported

15

NAICS Code

611699

Race

American Indian or Alaska Native

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

55629.86

Forgiveness Date

06/30/2021

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