PPP Loan information for Iac industries, inc

$570,923

Iac industries, inc was initially approved for PPP Loan of amount $570,923, the current approved amount is $570,923. The loan was approved on 04/16/2020 by The Pacific Western Bank reported 66 jobs and $570,923 was used to fund payroll.

Iac industries, inc is New Business or 2 years or less

IAC INDUSTRIES, INC

Date Approved

04/16/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

IAC INDUSTRIES, INC

Borrower Address

3831 BULLARD AVE

Borrower City

GOODYEAR

Borrower State

AZ

Borrower Zip

85338

Loan Status Date

01/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

570922.50

Current Approval Amount

570922.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

14795

Servicing Lender Name

Pacific Western Bank

Servicing Lender Address

9701 Wilshire Blvd, Ste 700

Servicing Lender City

BEVERLY HILLS

Servicing Lender State

CA

Servicing Lender Zip

90212-2007

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

New Business or 2 years or less

Project City

GOODYEAR

Project County Name

MARICOPA

Project State

AZ

Project Zip

85338-0001

CD

AZ-09

Jobs Reported

66

NAICS Code

337127

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

570922.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

14795

Originating Lender

Pacific Western Bank

Originating Lender City

BEVERLY HILLS

Originating Lender State

CA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

574754.72

Forgiveness Date

12/28/2020

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