# PPP loan: ISLAND DINING PROPERTIES INC.
> **$174K** approved 02/25/2021 · Paid in Full · Loan `4024358505`
## Borrower
- **Name:** ISLAND DINING PROPERTIES INC.
- **Address:** 6501 Red Hook Plz Ste 201, St Thomas, VI, 00802-1373
- **NAICS:** 722511
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $174K
- **Initial approval:** $174K
- **Forgiven:** $175K (101%)
- **Forgiveness date:** 09/24/2021
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $174K
- **Utilities:** $1
- **Jobs reported:** 19
## Lender
- **Originating:** Merchants Commercial Bank
- **Servicing:** Merchants Commercial Bank (VI)
---
*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*