PPP Loan information for Ideal electric power co

$173,900

Ideal electric power co was initially approved for PPP Loan of amount $173,900, the current approved amount is $173,900. The loan was approved on 04/10/2020 by The Zions Bank, A Division of reported 17 jobs and $173,900 was used to fund payroll.

Ideal electric power co is Existing or more than 2 years old

IDEAL ELECTRIC POWER CO

Date Approved

04/10/2020

SBA Office Code

0593

Processing Method

PPP

Borrower Name

IDEAL ELECTRIC POWER CO

Borrower Address

330 E FIRST ST

Borrower City

MANSFIELD

Borrower State

OH

Borrower Zip

44902-7700

Loan Status Date

11/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

173900.00

Current Approval Amount

173900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72601

Servicing Lender Name

Zions Bank, A Division of

Servicing Lender Address

1 S Main St

Servicing Lender City

SALT LAKE CITY

Servicing Lender State

UT

Servicing Lender Zip

84133-1109

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MANSFIELD

Project County Name

RICHLAND

Project State

OH

Project Zip

44902-7700

CD

OH-04

Jobs Reported

17

NAICS Code

335312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

173900.00

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

72601

Originating Lender

Zions Bank, A Division of

Originating Lender City

SALT LAKE CITY

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

176525.18

Forgiveness Date

10/21/2021

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