PPP Loan information for Ibr group inc

$62,500

Ibr group inc was initially approved for PPP Loan of amount $62,500, the current approved amount is $62,500. The loan was approved on 03/13/2021 by The Manufacturers and Traders Trust Company reported 5 jobs and $62,500 was used to fund payroll.

Ibr group inc is Existing or more than 2 years old

IBR GROUP INC

Date Approved

03/13/2021

SBA Office Code

0341

Processing Method

PPP

Borrower Name

IBR GROUP INC

Borrower Address

1098 Elkton Rd

Borrower City

Newark

Borrower State

DE

Borrower Zip

19711-3507

Loan Status Date

Loan Status

Exemption 4

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

62500.00

Current Approval Amount

62500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Newark

Project County Name

NEW CASTLE

Project State

DE

Project Zip

19711-3507

CD

DE-

Jobs Reported

5

NAICS Code

611430

Race

Black or African American

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

62494.00

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

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

63916.10

Forgiveness Date

06/22/2023

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