PPP Loan information for Island contracting, inc

$456,150

Island contracting, inc was initially approved for PPP Loan of amount $456,150, the current approved amount is $456,150. The loan was approved on 04/13/2020 by The Manufacturers and Traders Trust Company reported 21 jobs and $456,150 was used to fund payroll.

Island contracting, inc is Existing or more than 2 years old

PPP Loan Search / MD / BELTSVILLE / Island contracting, inc

ISLAND CONTRACTING, INC

Date Approved

04/13/2020

SBA Office Code

0353

Processing Method

PPP

Borrower Name

ISLAND CONTRACTING, INC

Borrower Address

6728 Industrial Drive Beltsville

Borrower City

BELTSVILLE

Borrower State

MD

Borrower Zip

20705

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

456150.00

Current Approval Amount

456150.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BELTSVILLE

Project County Name

PRINCE GEORGES

Project State

MD

Project Zip

20705-1000

CD

MD-04

Jobs Reported

21

NAICS Code

236220

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

600.00

Payroll Proceed

424939.00

Mortgage Interest Proceed

0.00

Rent Proceed

6400.00

Refinance EIDL Proceed

0.00

Health Care Proceed

24211.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

459461.77

Forgiveness Date

01/08/2021

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