Magens Bay Concessions INC

$279,300 PPP Loan in St. Thomas, Virgin Islands

Loan Details

Loan Number
5337368405
Date Approved
Feb 8, 2021
Loan Status
Paid in Full
Initial Approval
$279,300
Current Approval
$279,300
Forgiveness Amount
$281,146
Forgiveness Date
Oct 8, 2021
Term
60 months
Draw
Second Draw

Business Information

Business Name
Magens Bay Concessions INC
Address
Magens Bay Beach
ZIP Code
00802
Business Type
Corporation
Industry (NAICS)
Accommodation and Food Services (722511)
Business Age
Existing or more than 2 years old
Jobs Reported
30
Estimated Revenue
$5.3M
Rural/Urban
Urban
Congressional District
VI-

Loan Use Breakdown

Payroll
$279,295
Utilities
$1

Lender Information

Servicing Lender
Banco Popular De Puerto Rico
Originating Lender
Banco Popular De Puerto Rico

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