PPP Loan information for Ideal builders inc

$1,377,400

Ideal builders inc was initially approved for PPP Loan of amount $1,377,400, the current approved amount is $1,377,400. The loan was approved on 04/04/2020 by The One Community Bank reported 45 jobs and $1,377,400 was used to fund payroll.

Ideal builders inc is Existing or more than 2 years old

IDEAL BUILDERS INC

Date Approved

04/04/2020

SBA Office Code

0563

Processing Method

PPP

Borrower Name

IDEAL BUILDERS INC

Borrower Address

1406 EMIL ST

Borrower City

MADISON

Borrower State

WI

Borrower Zip

53713-2312

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1377400.00

Current Approval Amount

1377400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

76640

Servicing Lender Name

One Community Bank

Servicing Lender Address

733 N Main St

Servicing Lender City

OREGON

Servicing Lender State

WI

Servicing Lender Zip

53575-1003

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MADISON

Project County Name

DANE

Project State

WI

Project Zip

53713-2312

CD

WI-02

Jobs Reported

45

NAICS Code

236220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1377400.00

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

Subchapter S Corporation

Originating Lender Location Id

76640

Originating Lender

One Community Bank

Originating Lender City

OREGON

Originating Lender State

WI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

1392721.22

Forgiveness Date

05/21/2021

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