PPP Loan information for Martha's vineyard shipyard inc

$527,200

Martha's vineyard shipyard inc was initially approved for PPP Loan of amount $567,800, the current approved amount is $527,200. The loan was approved on 04/14/2020 by The Martha's Vineyard Bank reported 25 jobs and $527,200 was used to fund payroll.

Martha's vineyard shipyard inc is Existing or more than 2 years old

PPP Loan Search / MA / Vineyard Haven / Martha's vineyard shipyard inc

MARTHA'S VINEYARD SHIPYARD INC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

MARTHA'S VINEYARD SHIPYARD INC

Borrower Address

163 Beach Rd

Borrower City

Vineyard Haven

Borrower State

MA

Borrower Zip

02568-0001

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

567800.00

Current Approval Amount

527200.00

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

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Vineyard Haven

Project County Name

DUKES

Project State

MA

Project Zip

02568-0001

CD

MA-09

Jobs Reported

25

NAICS Code

811310

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

527200.00

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

32770

Originating Lender

Martha's Vineyard Bank

Originating Lender City

EDGARTOWN

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

530363.20

Forgiveness Date

11/23/2020

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