The Island Mermaid Restaurant Corp.

$275,472 PPP Loan in Ocean Beach, New York

Loan Details

Loan Number
3091567203
Date Approved
Apr 16, 2020
Loan Status
Paid in Full
Initial Approval
$275,472
Current Approval
$275,472
Forgiveness Amount
$277,184
Forgiveness Date
Feb 12, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
The Island Mermaid Restaurant Corp.
Address
780 Baywalk
ZIP Code
11770
Business Type
Subchapter S Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
60
Estimated Revenue
$10.7M
Rural/Urban
Urban
Congressional District
NY-02

Loan Use Breakdown

Payroll
$206,607
Rent
$60,000
Utilities
$8,865

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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