# PPP loan: ISLAND VENTURES INC.
> **$1.15M** approved 04/27/2020 · Paid in Full · Loan `5935947210`
## Borrower
- **Name:** ISLAND VENTURES INC.
- **Address:** 5211 W VILLAGE PKWY, Ste. 101, ROGERS, AR, 72758-5105
- **NAICS:** 112310
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $1.15M
- **Initial approval:** $1.15M
- **Forgiven:** $1.13M (99%)
- **Forgiveness date:** 11/01/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $860K
- **Rent:** $287K
- **Jobs reported:** 52
## Lender
- **Originating:** First Western Bank
- **Servicing:** First Western Bank (AR)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*