PPP Loan information for Island lighting and power systems, inc.

$544,815

Island lighting and power systems, inc. was initially approved for PPP Loan of amount $544,815, the current approved amount is $544,815. The loan was approved on 01/28/2021 by The Walpole Co-Operative Bank reported 24 jobs and $544,815 was used to fund payroll.

Island lighting and power systems, inc. is Existing or more than 2 years old

PPP Loan Search / MA / Norfolk / Island lighting and power systems, inc.

ISLAND LIGHTING AND POWER SYSTEMS, INC.

Date Approved

01/28/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ISLAND LIGHTING AND POWER SYSTEMS, INC.

Borrower Address

14 Shire Dr

Borrower City

Norfolk

Borrower State

MA

Borrower Zip

02056-1580

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

544815.00

Current Approval Amount

544815.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

89283

Servicing Lender Name

Walpole Co-Operative Bank

Servicing Lender Address

982 Main St

Servicing Lender City

WALPOLE

Servicing Lender State

MA

Servicing Lender Zip

02081-2828

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Norfolk

Project County Name

NORFOLK

Project State

MA

Project Zip

02056-1580

CD

MA-04

Jobs Reported

24

NAICS Code

238210

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

544814.00

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

89283

Originating Lender

Walpole Co-Operative Bank

Originating Lender City

WALPOLE

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

550807.96

Forgiveness Date

03/01/2022

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