PPP Loan information for Micronesia resort inc.

$1,627,580

Micronesia resort inc. was initially approved for PPP Loan of amount $1,627,580, the current approved amount is $1,627,580. The loan was approved on 03/02/2021 by The First Hawaiian Bank reported 154 jobs and $1,627,580 was used to fund payroll.

Micronesia resort inc. is Existing or more than 2 years old

MICRONESIA RESORT INC.

Date Approved

03/02/2021

SBA Office Code

0951

Processing Method

PPS

Borrower Name

MICRONESIA RESORT INC.

Borrower Address

CHALAN PALE ARNOLD SAN ROQUE

Borrower City

SAIPAN

Borrower State

MP

Borrower Zip

96950

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1627580.00

Current Approval Amount

1627580.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20088

Servicing Lender Name

First Hawaiian Bank

Servicing Lender Address

999 Bishop St

Servicing Lender City

HONOLULU

Servicing Lender State

HI

Servicing Lender Zip

96813-4423

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAIPAN

Project County Name

Saipan

Project State

MP

Project Zip

96950

CD

MP-

Jobs Reported

154

NAICS Code

721110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1627577.00

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

20088

Originating Lender

First Hawaiian Bank

Originating Lender City

HONOLULU

Originating Lender State

HI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1643313.27

Forgiveness Date

02/17/2022

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