PPP Loan information for Coral world vi inc.

$525,580

Coral world vi inc. was initially approved for PPP Loan of amount $525,580, the current approved amount is $525,580. The loan was approved on 02/20/2021 by The Merchants Commercial Bank reported 55 jobs and $525,580 was used to fund payroll.

Coral world vi inc. is Existing or more than 2 years old

PPP Loan Search / VI / St Thomas / Coral world vi inc.

CORAL WORLD VI INC.

Date Approved

02/20/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

CORAL WORLD VI INC.

Borrower Address

6450 Coki Pt

Borrower City

St Thomas

Borrower State

VI

Borrower Zip

00802-1805

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

525580.00

Current Approval Amount

525580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

444422

Servicing Lender Name

Merchants Commercial Bank

Servicing Lender Address

4608 Tutu Park Mall, Ste 100

Servicing Lender City

Charlotte Amalie

Servicing Lender State

VI

Servicing Lender Zip

00802-1816

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St Thomas

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802-1805

CD

VI-

Jobs Reported

55

NAICS Code

712130

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

525578.00

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

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

529083.87

Forgiveness Date

10/25/2021

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