PPP Loan information for Island lumber co inc

$359,897

Island lumber co inc was initially approved for PPP Loan of amount $359,897, the current approved amount is $359,897. The loan was approved on 04/12/2020 by The Rockland Trust Company reported 24 jobs and $359,897 was used to fund payroll.

Island lumber co inc is Existing or more than 2 years old

ISLAND LUMBER CO INC

Date Approved

04/12/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

ISLAND LUMBER CO INC

Borrower Address

1 POLPIS RD PO Box 716

Borrower City

NANTUCKET

Borrower State

MA

Borrower Zip

02554-2317

Loan Status Date

06/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

359897.00

Current Approval Amount

359897.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33263

Servicing Lender Name

Rockland Trust Company

Servicing Lender Address

288 Union St

Servicing Lender City

ROCKLAND

Servicing Lender State

MA

Servicing Lender Zip

02370-1803

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NANTUCKET

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-2317

CD

MA-09

Jobs Reported

24

NAICS Code

423310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

359897.00

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

Subchapter S Corporation

Originating Lender Location Id

33263

Originating Lender

Rockland Trust Company

Originating Lender City

ROCKLAND

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

363895.86

Forgiveness Date

05/27/2021

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