PPP Loan information for Island management inc.

$237,339

Island management inc. was initially approved for PPP Loan of amount $237,339, the current approved amount is $237,339. The loan was approved on 03/15/2021 by The BankNewport reported 20 jobs and $237,339 was used to fund payroll.

Island management inc. is Existing or more than 2 years old

ISLAND MANAGEMENT INC.

Date Approved

03/15/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ISLAND MANAGEMENT INC.

Borrower Address

1223 Green End Ave

Borrower City

Middletown

Borrower State

RI

Borrower Zip

02842-5705

Loan Status Date

05/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

237338.50

Current Approval Amount

237338.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Middletown

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-5705

CD

RI-01

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

237336.50

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

239958.98

Forgiveness Date

05/02/2022

;