Island Kinetics, Inc.

$1,653,844 PPP Loan in Chandler, Arizona

Loan Details

Loan Number
6709647101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,653,844
Current Approval
$1,653,844
Forgiveness Amount
$1,666,180
Forgiveness Date
Jan 14, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Island Kinetics, Inc.
Address
460 S Benson Lane, #3
State
Arizona
ZIP Code
85224
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (325620)
Business Age
Existing or more than 2 years old
Jobs Reported
162
Estimated Revenue
$160.7M
Rural/Urban
Urban
Congressional District
AZ-04

Loan Use Breakdown

Payroll
$1,309,613
Utilities
$52,753
Health Care
$86,064
Mortgage Interest
$178,229
Debt Interest
$27,185

Lender Information

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

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