PPP Loan information for Island management inc

$169,527

Island management inc was initially approved for PPP Loan of amount $169,527, the current approved amount is $169,527. The loan was approved on 04/29/2020 by The BankNewport reported 20 jobs and $169,527 was used to fund payroll.

Island management inc is Existing or more than 2 years old

ISLAND MANAGEMENT INC

Date Approved

04/29/2020

SBA Office Code

0165

Processing Method

PPP

Borrower Name

ISLAND MANAGEMENT INC

Borrower Address

1223 Green End Ave

Borrower City

MIDDLETOWN

Borrower State

RI

Borrower Zip

02842

Loan Status Date

08/19/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

169527.00

Current Approval Amount

169527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

65657

Servicing Lender Name

BankNewport

Servicing Lender Address

10 Washington Sq

Servicing Lender City

NEWPORT

Servicing Lender State

RI

Servicing Lender Zip

02840-2948

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MIDDLETOWN

Project County Name

NEWPORT

Project State

RI

Project Zip

02842-0001

CD

RI-01

Jobs Reported

20

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

169527.00

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

65657

Originating Lender

BankNewport

Originating Lender City

NEWPORT

Originating Lender State

RI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

171579.90

Forgiveness Date

07/26/2021

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