PPP Loan information for Island grown initiative ltd.

$171,400

Island grown initiative ltd. was initially approved for PPP Loan of amount $171,400, the current approved amount is $171,400. The loan was approved on 04/12/2020 by The Martha's Vineyard Bank reported 19 jobs and $171,400 was used to fund payroll.

Island grown initiative ltd. is Existing or more than 2 years old

PPP Loan Search / MA / Vineyard Haven / Island grown initiative ltd.

ISLAND GROWN INITIATIVE LTD.

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ISLAND GROWN INITIATIVE LTD.

Borrower Address

80 Stoney Hill Road PO Box 622

Borrower City

Vineyard Haven

Borrower State

MA

Borrower Zip

02568-5909

Loan Status Date

11/19/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

171400.00

Current Approval Amount

171400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32770

Servicing Lender Name

Martha's Vineyard Bank

Servicing Lender Address

78 Main St

Servicing Lender City

EDGARTOWN

Servicing Lender State

MA

Servicing Lender Zip

02539

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

02568-5909

CD

MA-09

Jobs Reported

19

NAICS Code

111419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

171400.00

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

Non-Profit Organization

Originating Lender Location Id

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Y

Forgiveness Amount

172353.27

Forgiveness Date

11/12/2020

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