PPP Loan information for Idc industries inc

$738,385

Idc industries inc was initially approved for PPP Loan of amount $738,385, the current approved amount is $738,385. The loan was approved on 04/27/2020 by The Emigrant Bank reported 48 jobs and $738,385 was used to fund payroll.

Idc industries inc is Existing or more than 2 years old

IDC INDUSTRIES INC

Date Approved

04/27/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IDC INDUSTRIES INC

Borrower Address

18901 15 Mile Road

Borrower City

Clinton Township

Borrower State

MI

Borrower Zip

48035

Loan Status Date

04/13/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

738385.00

Current Approval Amount

738385.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48902

Servicing Lender Name

Emigrant Bank

Servicing Lender Address

5 E 42nd St

Servicing Lender City

NEW YORK CITY

Servicing Lender State

NY

Servicing Lender Zip

10017-6904

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Clinton Township

Project County Name

MACOMB

Project State

MI

Project Zip

48035-0899

CD

MI-10

Jobs Reported

48

NAICS Code

333613

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

738385.00

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

48902

Originating Lender

Emigrant Bank

Originating Lender City

NEW YORK CITY

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

744919.20

Forgiveness Date

03/22/2021

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