PPP Loan information for Douglas island development corp.

$335,488

Douglas island development corp. was initially approved for PPP Loan of amount $335,488, the current approved amount is $335,488. The loan was approved on 04/27/2020 by The The Cape Cod Five Cents Savings Bank reported 65 jobs and $335,488 was used to fund payroll.

Douglas island development corp. is Existing or more than 2 years old

PPP Loan Search / MA / Oak Bluffs / Douglas island development corp.

DOUGLAS ISLAND DEVELOPMENT CORP.

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

DOUGLAS ISLAND DEVELOPMENT CORP.

Borrower Address

PO Box 2598

Borrower City

Oak Bluffs

Borrower State

MA

Borrower Zip

02557-2598

Loan Status Date

09/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

335487.50

Current Approval Amount

335487.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oak Bluffs

Project County Name

DUKES

Project State

MA

Project Zip

02557-2598

CD

MA-09

Jobs Reported

65

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

335487.50

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

Subchapter S Corporation

Originating Lender Location Id

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

339969.99

Forgiveness Date

08/31/2021

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