Island Acoustics LLC

$8,367,932 PPP Loan in Bohemia, New York

Loan Details

Loan Number
2988647203
Date Approved
Apr 16, 2020
Loan Status
Exemption 4
Initial Approval
$8,367,932
Current Approval
$8,367,932
Forgiveness Amount
$8,207,160
Forgiveness Date
Feb 1, 2022
Term
59 months
Draw
First Draw

Business Information

Business Name
Island Acoustics LLC
Address
518 Johnson Avenue
ZIP Code
11716
Business Type
Limited Liability Company(llc)
Industry (NAICS)
Construction (238310)
Business Age
Existing or more than 2 years old
Jobs Reported
250
Estimated Revenue
$63.1M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$6,962,932
Rent
$105,000
Health Care
$1,235,000
Debt Interest
$65,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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