PPP Loan information for Ideal contractors

$45,019

Ideal contractors was initially approved for PPP Loan of amount $45,019, the current approved amount is $45,019. The loan was approved on 04/28/2020 by The First Bank, Upper Michigan reported 5 jobs and $45,019 was used to fund payroll.

Ideal contractors is Existing or more than 2 years old

IDEAL CONTRACTORS

Date Approved

04/28/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IDEAL CONTRACTORS

Borrower Address

801 LUDINGTON ST

Borrower City

ESCANABA

Borrower State

MI

Borrower Zip

49829-3803

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

45019.42

Current Approval Amount

45019.42

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

34945

Servicing Lender Name

First Bank, Upper Michigan

Servicing Lender Address

1400 Delta Ave

Servicing Lender City

GLADSTONE

Servicing Lender State

MI

Servicing Lender Zip

49837-1318

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

ESCANABA

Project County Name

DELTA

Project State

MI

Project Zip

49829-3803

CD

MI-01

Jobs Reported

5

NAICS Code

238310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

45019.42

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

Sole Proprietorship

Originating Lender Location Id

34945

Originating Lender

First Bank, Upper Michigan

Originating Lender City

GLADSTONE

Originating Lender State

MI

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45250.07

Forgiveness Date

11/05/2020

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