PPP Loan information for Ibc specialties inc

$160,882

Ibc specialties inc was initially approved for PPP Loan of amount $160,882, the current approved amount is $160,882. The loan was approved on 03/20/2021 by The Wells Fargo Bank, National Association reported 21 jobs and $160,882 was used to fund payroll.

Ibc specialties inc is Existing or more than 2 years old

PPP Loan Search / NC / Gastonia / Ibc specialties inc

IBC SPECIALTIES INC

Date Approved

03/20/2021

SBA Office Code

0460

Processing Method

PPP

Borrower Name

IBC SPECIALTIES INC

Borrower Address

101 Boxwood Ln

Borrower City

Gastonia

Borrower State

NC

Borrower Zip

28054-2464

Loan Status Date

09/13/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

160882.00

Current Approval Amount

160882.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

12096

Servicing Lender Name

Wells Fargo Bank, National Association

Servicing Lender Address

101 N Philips Ave

Servicing Lender City

SIOUX FALLS

Servicing Lender State

SD

Servicing Lender Zip

57104-6738

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Gastonia

Project County Name

GASTON

Project State

NC

Project Zip

28054-2464

CD

NC-14

Jobs Reported

21

NAICS Code

562998

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

160880.00

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

12096

Originating Lender

Wells Fargo Bank, National Association

Originating Lender City

SIOUX FALLS

Originating Lender State

SD

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

163103.49

Forgiveness Date

08/09/2022

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