DESTINATION ST. JOHN INC. (VI) - 2020 PPP Loan Borrower Profile (# 1600138504)
Updated on April 18, 2025.
See below the business details and the detail of the 2020 PPP loan given to DESTINATION ST. JOHN 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
1600138504
SBA Office Code
0252
Processing Method
PPS
Curent Loan Amount
$36,200
Date Loan was Approved
Feb 19, 2021
Amount Forgiven
$36,323.68
Date Loan was Forgiven
Jun 28, 2021
Loan Status
Paid in Full
Loan Term
60 Months
Utilities Proced
1
Payroll Proced
36,195
Lender
Merchants Commercial Bank
Business Detail
Business Type
Corporation
NAICS
531312
Borrower Location
cruz bay, VI
Project Location
cruz bay, VI
Rural/Urban
Urban
Hubzone
No
Labor Market Information (LMI)
No
Jobs Reported
4
Business Age Description
Existing or more than 2 years old
Data Source: SBA.