PPP Loan information for Ideal corners investment corporation

$75,609

Ideal corners investment corporation was initially approved for PPP Loan of amount $75,609, the current approved amount is $75,609. The loan was approved on 04/07/2020 by The RiverWood Bank reported 13 jobs and $75,609 was used to fund payroll.

Ideal corners investment corporation is Existing or more than 2 years old

IDEAL CORNERS INVESTMENT CORPORATION

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

IDEAL CORNERS INVESTMENT CORPORATION

Borrower Address

35002 COUNTY ROAD 39

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472-3607

Loan Status Date

03/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

75609.00

Current Approval Amount

75609.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

78088

Servicing Lender Name

RiverWood Bank

Servicing Lender Address

14540 Dellwood Dr

Servicing Lender City

BAXTER

Servicing Lender State

MN

Servicing Lender Zip

56425-9744

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472-3607

CD

MN-08

Jobs Reported

13

NAICS Code

722511

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

4200.00

Payroll Proceed

55000.00

Mortgage Interest Proceed

0.00

Rent Proceed

16409.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

78088

Originating Lender

RiverWood Bank

Originating Lender City

BAXTER

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76218.07

Forgiveness Date

01/25/2021

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