PPP Loan information for Marthas vineyard shipyard inc

$427,515

Marthas vineyard shipyard inc was initially approved for PPP Loan of amount $427,515, the current approved amount is $427,515. The loan was approved on 01/27/2021 by The Martha's Vineyard Bank reported 25 jobs and $427,515 was used to fund payroll.

Marthas vineyard shipyard inc is Existing or more than 2 years old

PPP Loan Search / MA / VINEYARD HAVEN / Marthas vineyard shipyard inc

MARTHAS VINEYARD SHIPYARD INC

Date Approved

01/27/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

MARTHAS VINEYARD SHIPYARD INC

Borrower Address

164 BEACH ROAD

Borrower City

VINEYARD HAVEN

Borrower State

MA

Borrower Zip

02568

Loan Status Date

10/21/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

427515.00

Current Approval Amount

427515.00

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

CD

MA-09

Jobs Reported

25

NAICS Code

336611

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

427511.00

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

430126.94

Forgiveness Date

09/09/2021

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