PPP Loan information for The islands corporation

$513,499

The islands corporation was initially approved for PPP Loan of amount $513,499, the current approved amount is $513,499. The loan was approved on 04/02/2021 by The Itria Ventures LLC reported 90 jobs and $513,499 was used to fund payroll.

The islands corporation is Existing or more than 2 years old

PPP Loan Search / NC / Wilmington / The islands corporation

THE ISLANDS CORPORATION

Date Approved

04/02/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

THE ISLANDS CORPORATION

Borrower Address

260 Racine Dr Ste 1

Borrower City

Wilmington

Borrower State

NC

Borrower Zip

28403-8846

Loan Status Date

08/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

513499.00

Current Approval Amount

513499.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

529471

Servicing Lender Name

Itria Ventures LLC

Servicing Lender Address

One Penn Plaza, Suite 4530

Servicing Lender City

New York

Servicing Lender State

NY

Servicing Lender Zip

10119

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Wilmington

Project County Name

NEW HANOVER

Project State

NC

Project Zip

28403-8846

CD

NC-07

Jobs Reported

90

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

513497.00

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

529471

Originating Lender

Itria Ventures LLC

Originating Lender City

New York

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

520117.43

Forgiveness Date

07/28/2022

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