PPP Loan information for Island laundries ltd

$28,300

Island laundries ltd was initially approved for PPP Loan of amount $28,300, the current approved amount is $28,300. The loan was approved on 05/22/2020 by The Merchants Commercial Bank reported 10 jobs and $28,300 was used to fund payroll.

Island laundries ltd is Existing or more than 2 years old

ISLAND LAUNDRIES LTD

Date Approved

05/22/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

ISLAND LAUNDRIES LTD

Borrower Address

8172 Subbase

Borrower City

St Thomas

Borrower State

VI

Borrower Zip

00802-5854

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

28300.00

Current Approval Amount

28300.00

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

00802-5854

CD

VI-

Jobs Reported

10

NAICS Code

812320

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

28300.00

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

444422

Originating Lender

Merchants Commercial Bank

Originating Lender City

Charlotte Amalie

Originating Lender State

VI

Gender

Female Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

28574.35

Forgiveness Date

05/14/2021

;