PPP Loan information for Magens bay concessions inc

$279,300

Magens bay concessions inc was initially approved for PPP Loan of amount $279,300, the current approved amount is $279,300. The loan was approved on 02/08/2021 by The Banco Popular de Puerto Rico reported 30 jobs and $279,300 was used to fund payroll.

Magens bay concessions inc is Existing or more than 2 years old

PPP Loan Search / VI / St. Thomas / Magens bay concessions inc

MAGENS BAY CONCESSIONS INC

Date Approved

02/08/2021

SBA Office Code

0252

Processing Method

PPS

Borrower Name

MAGENS BAY CONCESSIONS INC

Borrower Address

Magens Bay Beach

Borrower City

St. Thomas

Borrower State

VI

Borrower Zip

00802

Loan Status Date

11/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

279300.00

Current Approval Amount

279300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

St. Thomas

Project County Name

SAINT THOMAS

Project State

VI

Project Zip

00802

CD

VI-

Jobs Reported

30

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

279295.00

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

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

281146.48

Forgiveness Date

10/08/2021

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