Island Motor Sales, INC

$72,500 PPP Loan in Merritt Island, Florida

Loan Details

Loan Number
2106957408
Date Approved
May 5, 2020
Loan Status
Paid in Full
Initial Approval
$72,500
Current Approval
$72,500
Forgiveness Amount
$73,390
Forgiveness Date
Aug 3, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Island Motor Sales, INC
Address
2600 N Courtenay Pkwy
State
Florida
ZIP Code
32953-4110
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
7
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
FL-08

Loan Use Breakdown

Payroll
$54,375
Utilities
$7,250
Mortgage Interest
$10,875

Lender Information

Servicing Lender
Community Cu of Florida
Originating Lender
Community Cu of Florida

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