Spenceley Office Equipment INC
$142,700 PPP Loan in St Thomas, Virgin Islands
Loan Details
- Loan Number
- 7016157109
- Date Approved
- Apr 14, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $142,700
- Current Approval
- $142,700
- Forgiveness Amount
- $143,933
- Forgiveness Date
- Mar 5, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Spenceley Office Equipment INC
- Address
- 3073 Kronprindsens Gade
- City
- St Thomas
- State
- Virgin Islands
- ZIP Code
- 00802
- Business Type
- Corporation
- Industry (NAICS)
- Wholesale Trade (423420)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 8
- Estimated Revenue
- <$5M
- Rural/Urban
- Urban
- Congressional District
- VI-
Loan Use Breakdown
- Payroll
- $106,250
- Rent
- $31,660
- Utilities
- $4,790
Lender Information
- Servicing Lender
- Merchants Commercial Bank
- Originating Lender
- Merchants Commercial Bank
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|---|---|---|
| Virgin Islands Telephone Corp | $3,593,500 |  Research |
| Professional Design Builders, Inc. | $1,827,384 | Research |
| Professional Design Builders Inc. | $1,827,384 | Research |
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