PPP Loan information for The islands corporation

$308,485

The islands corporation was initially approved for PPP Loan of amount $308,485, the current approved amount is $308,485. The loan was approved on 04/08/2020 by The Truist Bank reported 92 jobs and $308,485 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

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

THE ISLANDS CORPORATION

Borrower Address

260 Racine Dr Suite 1

Borrower City

WILMINGTON

Borrower State

NC

Borrower Zip

28403-8703

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308484.65

Current Approval Amount

308484.65

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

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

28403-8703

CD

NC-07

Jobs Reported

92

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

308484.65

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

312315.00

Forgiveness Date

07/27/2021

;