Balbo Corporation
$117,365 PPP Loan in St. Thomas, Virgin Islands
Loan Details
- Loan Number
- 1629537808
- Date Approved
- May 21, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $117,365
- Current Approval
- $117,365
- Forgiveness Amount
- $118,522
- Forgiveness Date
- May 25, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Balbo Corporation
- Address
- 12ba-2 Frydendahl
- City
- St. Thomas
- State
- Virgin Islands
- ZIP Code
- 00802-1816
- Business Type
- Corporation
- Industry (NAICS)
- Construction (236116)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 30
- Estimated Revenue
- $9.1M
- Rural/Urban
- Urban
- Congressional District
- VI-
Loan Use Breakdown
- Payroll
- $117,365
Lender Information
- Servicing Lender
- Merchants Commercial Bank
- Originating Lender
- Merchants Commercial Bank
Other PPP Loans in St. Thomas, VI
| Business | Approved | |
|---|---|---|
| Harborside Corporation | $997,100 | |
| Diocese of St. Thomas of the Virgin Islands Inc. | $683,290 | |
| Virgin Islands Montessori School Inc. | $580,300 | |
| Aac-Air Ambulance Caribbean, Inc. | $562,800 | |
| The West Indian Company Limited | $464,400 |
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