PPP Loan information for Island hotel properties, inc.

$199,580

Island hotel properties, inc. was initially approved for PPP Loan of amount $199,586, the current approved amount is $199,580. The loan was approved on 04/28/2020 by The Atlantic Union Bank reported 47 jobs and $199,580 was used to fund payroll.

Island hotel properties, inc. is New Business or 2 years or less

PPP Loan Search / MD / Berlin / Island hotel properties, inc.

ISLAND HOTEL PROPERTIES, INC.

Date Approved

04/28/2020

SBA Office Code

0373

Processing Method

PPP

Borrower Name

ISLAND HOTEL PROPERTIES, INC.

Borrower Address

8657 Saddle Creek Drive

Borrower City

Berlin

Borrower State

MD

Borrower Zip

21811

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

199586.00

Current Approval Amount

199580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122517

Servicing Lender Name

Atlantic Union Bank

Servicing Lender Address

1051 E Cary St, Ste 103

Servicing Lender City

RICHMOND

Servicing Lender State

VA

Servicing Lender Zip

23219-4029

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

Berlin

Project County Name

WORCESTER

Project State

MD

Project Zip

21811-0001

CD

MD-01

Jobs Reported

47

NAICS Code

721110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

199580.00

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

122517

Originating Lender

Atlantic Union Bank

Originating Lender City

RICHMOND

Originating Lender State

VA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

201736.57

Forgiveness Date

05/26/2021

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