PPP Loan information for Ibs-building service contractors, inc.

$1,285,070

Ibs-building service contractors, inc. was initially approved for PPP Loan of amount $1,285,070, the current approved amount is $1,285,070. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 500 jobs and $1,285,070 was used to fund payroll.

Ibs-building service contractors, inc. is Existing or more than 2 years old

IBS-BUILDING SERVICE CONTRACTORS, INC.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

IBS-BUILDING SERVICE CONTRACTORS, INC.

Borrower Address

3606 43RD AVE

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11101

Loan Status Date

09/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1285070.00

Current Approval Amount

1285070.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11101-0001

CD

NY-07

Jobs Reported

500

NAICS Code

561720

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

11900.00

Payroll Proceed

1241144.00

Mortgage Interest Proceed

0.00

Rent Proceed

17355.00

Refinance EIDL Proceed

0.00

Health Care Proceed

9671.00

Debt Interest Proceed

5000

Business Type

Subchapter S Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1301091.97

Forgiveness Date

08/03/2021

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