Island Hotel Properties, Inc.
$199,586 PPP Loan in Berlin, Maryland
Loan Details
- Loan Number
- 8282597207
- Date Approved
- Apr 28, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $199,586
- Current Approval
- $199,580
- Forgiveness Amount
- $201,737
- Forgiveness Date
- May 26, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Island Hotel Properties, Inc.
- Address
- 8657 Saddle Creek Drive
- City
- Berlin
- State
- Maryland
- ZIP Code
- 21811
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Accommodation and Food Services (721110)
- Business Age
- New Business or 2 years or less
- Jobs Reported
- 47
- Estimated Revenue
- $14.7M
- Rural/Urban
- Rural
- Congressional District
- MD-01
Loan Use Breakdown
- Payroll
- $199,580
Lender Information
- Servicing Lender
- Atlantic Union Bank
- Originating Lender
- Atlantic Union Bank
Other PPP Loans in Berlin, MD
| Business | Approved | |
|---|---|---|
| Kelly Foods Corporation | $1,411,400 | |
| Ocean Pines Assocation | $1,143,493 | |
| Worcester Preparatory School, Inc. | $1,024,400 | |
| Worcester Preparatory School Inc. | $1,024,362 | |
| Karl LLC | $749,297 |
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