BANANA DECK INC (VI) - 2020 PPP Loan Borrower Profile (# 7488688403)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to BANANA DECK INC. The Paycheck Protection Program (PPP) loan was intended to provide incentives for small businesses to keep their workers on payroll.

You can see similar information for other borrowers in US Virgin Islands.

Loan Detail

Loan Number
7488688403
SBA Office Code
0252
Processing Method
PPP
Curent Loan Amount
$106,487
Date Loan was Approved
Feb 12, 2021
Amount Forgiven
$106,939.57
Date Loan was Forgiven
Aug 3, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
106,483
Lender
Merchants Commercial Bank

Business Detail

Business Type
Subchapter S Corporation
NAICS
722511
Borrower Location
ST JOHN, VI
Project Location
ST JOHN, VI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
14
Business Age Description
Existing or more than 2 years old
Data Source: SBA.