PPP Loan information for Island investment inc.

$867,948

Island investment inc. was initially approved for PPP Loan of amount $867,948, the current approved amount is $867,948. The loan was approved on 02/04/2021 by The Northern State Bank reported 73 jobs and $867,948 was used to fund payroll.

Island investment inc. is Existing or more than 2 years old

PPP Loan Search / MN / Duluth / Island investment inc.

ISLAND INVESTMENT INC.

Date Approved

02/04/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

ISLAND INVESTMENT INC.

Borrower Address

728 Garfield Ave

Borrower City

Duluth

Borrower State

MN

Borrower Zip

55802-2634

Loan Status Date

10/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

867948.06

Current Approval Amount

867948.06

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75589

Servicing Lender Name

Northern State Bank

Servicing Lender Address

321 W Main St

Servicing Lender City

ASHLAND

Servicing Lender State

WI

Servicing Lender Zip

54806-1611

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Duluth

Project County Name

SAINT LOUIS

Project State

MN

Project Zip

55802-2634

CD

MN-08

Jobs Reported

73

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

867944.06

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

75589

Originating Lender

Northern State Bank

Originating Lender City

ASHLAND

Originating Lender State

WI

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

872456.57

Forgiveness Date

08/12/2021

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