PPP Loan information for Ibs supplies inc.

$253,527

Ibs supplies inc. was initially approved for PPP Loan of amount $253,527, the current approved amount is $253,527. The loan was approved on 01/29/2021 by The Bank of America, National Association reported 28 jobs and $253,527 was used to fund payroll.

Ibs supplies inc. is Existing or more than 2 years old

IBS SUPPLIES INC.

Date Approved

01/29/2021

SBA Office Code

0942

Processing Method

PPS

Borrower Name

IBS SUPPLIES INC.

Borrower Address

6385 E North Ave

Borrower City

Fresno

Borrower State

CA

Borrower Zip

93725-9309

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

253527.00

Current Approval Amount

253527.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Fresno

Project County Name

FRESNO

Project State

CA

Project Zip

93725-9309

CD

CA-21

Jobs Reported

28

NAICS Code

424910

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

253525.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

256506.81

Forgiveness Date

04/07/2022

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