FALKEN USVI LLC (VI) - 2020 PPP Loan Borrower Profile (# 5370237200)

Updated on April 18, 2025.

See below the business details and the detail of the 2020 PPP loan given to FALKEN USVI 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

5370237200

SBA Office Code

0252

Processing Method

PPP

Curent Loan Amount

$1,035,000

Date Loan was Approved

Apr 27, 2020

Amount Forgiven

$1,048,426.25

Date Loan was Forgiven

Aug 17, 2021

Loan Status

Paid in Full

Loan Term

24 Months

Payroll Proced

1,035,000

Lender

Oriental Bank

Business Detail

Business Type

Limited Liability Company(LLC)

NAICS

561612

Borrower Location

St Thomas, VI

Project Location

St Thomas, VI

Rural/Urban

Urban

Hubzone

Labor Market Information (LMI)

Jobs Reported

119

Business Age Description

Existing or more than 2 years old

Data Source: SBA.