PPP Loan information for Island industries

$8,500

Island industries was initially approved for PPP Loan of amount $15,200, the current approved amount is $8,500. The loan was approved on 04/27/2020 by The Hometown Bank reported 1 jobs and $8,500 was used to fund payroll.

Island industries is Existing or more than 2 years old

ISLAND INDUSTRIES

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ISLAND INDUSTRIES

Borrower Address

9 MOLASSES HILL RD

Borrower City

BROOKFIELD

Borrower State

MA

Borrower Zip

01506-1703

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

15200.00

Current Approval Amount

8500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89228

Servicing Lender Name

Hometown Bank

Servicing Lender Address

31 Sutton Ave

Servicing Lender City

OXFORD

Servicing Lender State

MA

Servicing Lender Zip

01540-1755

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKFIELD

Project County Name

WORCESTER

Project State

MA

Project Zip

01506-1703

CD

MA-01

Jobs Reported

1

NAICS Code

531130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

8500.00

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

Sole Proprietorship

Originating Lender Location Id

89228

Originating Lender

Hometown Bank

Originating Lender City

OXFORD

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

8546.34

Forgiveness Date

11/20/2020

;