PPP Loan information for Island time - 1 ocean pkwy llc

$985,974

Island time - 1 ocean pkwy llc was initially approved for PPP Loan of amount $985,974, the current approved amount is $985,974. The loan was approved on 03/16/2021 by The Loan Source Incorporated reported 74 jobs and $985,974 was used to fund payroll.

Island time - 1 ocean pkwy llc is Existing or more than 2 years old

ISLAND TIME - 1 OCEAN PKWY LLC

Date Approved

03/16/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

ISLAND TIME - 1 OCEAN PKWY LLC

Borrower Address

108 W Main St

Borrower City

Patchogue

Borrower State

NY

Borrower Zip

11772-3014

Loan Status Date

05/25/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

985974.00

Current Approval Amount

985974.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Patchogue

Project County Name

SUFFOLK

Project State

NY

Project Zip

11772-3014

CD

NY-02

Jobs Reported

74

NAICS Code

722513

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

985968.00

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

46104

Originating Lender

Dime Community Bank

Originating Lender City

BRIDGEHAMPTON

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

996157.90

Forgiveness Date

04/21/2022

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