PPP Loan information for Island food products corp

$264,820

Island food products corp was initially approved for PPP Loan of amount $278,600, the current approved amount is $264,820. The loan was approved on 04/05/2020 by The The Cape Cod Five Cents Savings Bank reported 15 jobs and $264,820 was used to fund payroll.

Island food products corp is Existing or more than 2 years old

ISLAND FOOD PRODUCTS CORP

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ISLAND FOOD PRODUCTS CORP

Borrower Address

229 EDGARTOWN RD

Borrower City

VINEYARD HAVEN

Borrower State

MA

Borrower Zip

02568-5602

Loan Status Date

07/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

278600.00

Current Approval Amount

264820.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

VINEYARD HAVEN

Project County Name

DUKES

Project State

MA

Project Zip

02568-5602

CD

MA-09

Jobs Reported

15

NAICS Code

424490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

264820.00

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

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

268019.91

Forgiveness Date

06/30/2021

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