PPP Loan information for Island carpet inc

$86,878

Island carpet inc was initially approved for PPP Loan of amount $86,878, the current approved amount is $86,878. The loan was approved on 04/13/2021 by The The Cape Cod Five Cents Savings Bank reported 6 jobs and $86,878 was used to fund payroll.

Island carpet inc is Existing or more than 2 years old

ISLAND CARPET INC

Date Approved

04/13/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

ISLAND CARPET INC

Borrower Address

82A Old South Rd

Borrower City

Nantucket

Borrower State

MA

Borrower Zip

02554-6000

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

86877.75

Current Approval Amount

86877.75

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32844

Servicing Lender Name

The Cape Cod Five Cents Savings Bank

Servicing Lender Address

1500 Iyannough Rd

Servicing Lender City

HYANNIS

Servicing Lender State

MA

Servicing Lender Zip

02601

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Nantucket

Project County Name

NANTUCKET

Project State

MA

Project Zip

02554-6000

CD

MA-09

Jobs Reported

6

NAICS Code

453998

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

86877.75

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

32844

Originating Lender

The Cape Cod Five Cents Savings Bank

Originating Lender City

HYANNIS

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

87135.97

Forgiveness Date

08/09/2021

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