PPP Loan information for Island market inc

$79,222

Island market inc was initially approved for PPP Loan of amount $79,222, the current approved amount is $79,222. The loan was approved on 04/15/2020 by The Frandsen Bank & Trust reported 28 jobs and $79,222 was used to fund payroll.

Island market inc is Unanswered

ISLAND MARKET INC

Date Approved

04/15/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

ISLAND MARKET INC

Borrower Address

201 N. Main Street

Borrower City

PINE ISLAND

Borrower State

MN

Borrower Zip

55963-9713

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

79221.95

Current Approval Amount

79221.95

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38689

Servicing Lender Name

Frandsen Bank & Trust

Servicing Lender Address

116 W Central St

Servicing Lender City

LONSDALE

Servicing Lender State

MN

Servicing Lender Zip

55046-9626

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Unanswered

Project City

PINE ISLAND

Project County Name

GOODHUE

Project State

MN

Project Zip

55963-9713

CD

MN-01

Jobs Reported

28

NAICS Code

445110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

79221.95

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

38689

Originating Lender

Frandsen Bank & Trust

Originating Lender City

LONSDALE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

79954.75

Forgiveness Date

03/17/2021

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