PPP Loan information for Island beverage inc.

$39,955

Island beverage inc. was initially approved for PPP Loan of amount $39,955, the current approved amount is $39,955. The loan was approved on 02/12/2021 by The Truist Bank reported 5 jobs and $39,955 was used to fund payroll.

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

ISLAND BEVERAGE INC.

Date Approved

02/12/2021

SBA Office Code

0303

Processing Method

PPS

Borrower Name

ISLAND BEVERAGE INC.

Borrower Address

1004 N 9th St

Borrower City

Reading

Borrower State

PA

Borrower Zip

19604-2212

Loan Status Date

01/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

39955.00

Current Approval Amount

39955.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Reading

Project County Name

BERKS

Project State

PA

Project Zip

19604-2212

CD

PA-06

Jobs Reported

5

NAICS Code

445310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

39953.00

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

Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

40264.65

Forgiveness Date

12/14/2021

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