VIRGIN ISLANDS ASPHALT CORPORA (VI) - 2020 PPP Loan Borrower Profile (# 7189337102)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to VIRGIN ISLANDS ASPHALT CORPORA. 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

7189337102

SBA Office Code

0252

Processing Method

PPP

Curent Loan Amount

$313,475.74

Date Loan was Approved

Apr 14, 2020

Amount Forgiven

$317,359.36

Date Loan was Forgiven

Jul 14, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

313,475.74

Lender

United Fidelity Bank, FSB

Business Detail

Business Type

Subchapter S Corporation

NAICS

423320

Borrower Location

KINGSHILL, VI

Project Location

KINGSHILL, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

Business Age Description

Existing or more than 2 years old

Data Source: SBA.