PPP Loan information for Island entertainment inc.

$1,553,435

Island entertainment inc. was initially approved for PPP Loan of amount $1,553,435, the current approved amount is $1,553,435. The loan was approved on 02/25/2021 by The BayCoast Bank reported 103 jobs and $1,553,435 was used to fund payroll.

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

ISLAND ENTERTAINMENT INC.

Date Approved

02/25/2021

SBA Office Code

0165

Processing Method

PPS

Borrower Name

ISLAND ENTERTAINMENT INC.

Borrower Address

2010 Mineral Spring Ave

Borrower City

North Providence

Borrower State

RI

Borrower Zip

02911-1809

Loan Status Date

12/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1553434.93

Current Approval Amount

1553434.93

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32784

Servicing Lender Name

BayCoast Bank

Servicing Lender Address

330 Swansea Mall Dr

Servicing Lender City

SWANSEA

Servicing Lender State

MA

Servicing Lender Zip

02777-4112

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North Providence

Project County Name

PROVIDENCE

Project State

RI

Project Zip

02911-1809

CD

RI-01

Jobs Reported

103

NAICS Code

721110

Race

White

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1553432.93

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

32784

Originating Lender

BayCoast Bank

Originating Lender City

SWANSEA

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1563920.62

Forgiveness Date

11/03/2021

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