PPP Loan information for Island transport inc

$82,517

Island transport inc was initially approved for PPP Loan of amount $82,517, the current approved amount is $82,517. The loan was approved on 02/04/2021 by The Martha's Vineyard Bank reported 5 jobs and $82,517 was used to fund payroll.

Island transport inc is Existing or more than 2 years old

ISLAND TRANSPORT INC

Date Approved

02/04/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ISLAND TRANSPORT INC

Borrower Address

8 SCHOOL ST

Borrower City

OAK BLUFFS

Borrower State

MA

Borrower Zip

02557

Loan Status Date

07/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

82516.65

Current Approval Amount

82516.65

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

OAK BLUFFS

Project County Name

DUKES

Project State

MA

Project Zip

02557

CD

MA-09

Jobs Reported

5

NAICS Code

487110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

82512.65

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

82801.50

Forgiveness Date

06/15/2021

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