# PPP loan: ISLAND MANAGEMENT INC.
> **$237K** approved 03/15/2021 · Paid in Full · Loan `2384418602`
## Borrower
- **Name:** ISLAND MANAGEMENT INC.
- **Address:** 1223 Green End Ave, Middletown, RI, 02842-5705
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 05/02/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $237K
- **Utilities:** $1
- **Jobs reported:** 20
## Lender
- **Originating:** BankNewport
- **Servicing:** BankNewport (RI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*