PPP Loan information for Ideal electric inc #2

$660,000

Ideal electric inc #2 was initially approved for PPP Loan of amount $660,000, the current approved amount is $660,000. The loan was approved on 04/07/2020 by The ANB Bank reported 87 jobs and $660,000 was used to fund payroll.

Ideal electric inc #2 is Existing or more than 2 years old

IDEAL ELECTRIC INC #2

Date Approved

04/07/2020

SBA Office Code

0811

Processing Method

PPP

Borrower Name

IDEAL ELECTRIC INC #2

Borrower Address

3777 QUENTIN ST

Borrower City

DENVER

Borrower State

CO

Borrower Zip

80239-3439

Loan Status Date

07/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

660000.00

Current Approval Amount

660000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

15169

Servicing Lender Name

ANB Bank

Servicing Lender Address

3033 E 1st Ave, Ste 200

Servicing Lender City

DENVER

Servicing Lender State

CO

Servicing Lender Zip

80206-5618

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

DENVER

Project County Name

DENVER

Project State

CO

Project Zip

80239-3439

CD

CO-01

Jobs Reported

87

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

495000.00

Mortgage Interest Proceed

0.00

Rent Proceed

165000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

15169

Originating Lender

ANB Bank

Originating Lender City

DENVER

Originating Lender State

CO

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

667431.78

Forgiveness Date

06/02/2021

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