CORAL RIDGE MANAGEMENT LLC (VI) - 2020 PPP Loan Borrower Profile (# 2911448407)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to CORAL RIDGE MANAGEMENT LLC. 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

2911448407

SBA Office Code

0252

Processing Method

PPS

Curent Loan Amount

$18,837

Date Loan was Approved

Feb 4, 2021

Amount Forgiven

$18,930.66

Date Loan was Forgiven

Aug 4, 2021

Loan Status

Paid in Full

Loan Term

60 Months

Utilities Proced

Payroll Proced

18,833

Lender

Merchants Commercial Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

531390

Borrower Location

St Thomas, VI

Project Location

St Thomas, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.