# PPP loan: THE ISLANDS CORPORATION
> **$513K** approved 04/02/2021 · Paid in Full · Loan `5696808702`
## Borrower
- **Name:** THE ISLANDS CORPORATION
- **Address:** 260 Racine Dr Ste 1, Wilmington, NC, 28403-8846
- **NAICS:** 722511
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $513K
- **Initial approval:** $513K
- **Forgiven:** $520K (101%)
- **Forgiveness date:** 07/28/2022
- **Status:** Paid in Full
- **Term:** 60 months
## Use of funds
- **Payroll:** $513K
- **Utilities:** $1
- **Jobs reported:** 90
## Lender
- **Originating:** Itria Ventures LLC
- **Servicing:** Itria Ventures LLC (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*