# PPP loan: ISLAND POOLS & SPAS INC
> **$237K** approved 04/06/2020 · Paid in Full · Loan `6006007003`
## Borrower
- **Name:** ISLAND POOLS & SPAS INC
- **Address:** 20 E LINE RD, EDGARTOWN, MA, 02539-6003
- **NAICS:** 238990
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $237K
- **Initial approval:** $237K
- **Forgiven:** $240K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $237K
- **Jobs reported:** 15
## Lender
- **Originating:** Martha's Vineyard Bank
- **Servicing:** Martha's Vineyard Bank (MA)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*