PPP Loan information for Ideal energy llc.

$153,615

Ideal energy llc. was initially approved for PPP Loan of amount $153,615, the current approved amount is $153,615. The loan was approved on 04/08/2020 by The Iowa State Bank and Trust Company of Fairfield, Iowa reported 17 jobs and $153,615 was used to fund payroll.

Ideal energy llc. is Existing or more than 2 years old

IDEAL ENERGY LLC.

Date Approved

04/08/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

IDEAL ENERGY LLC.

Borrower Address

602 N 6th

Borrower City

FAIRFIELD

Borrower State

IA

Borrower Zip

52556-2583

Loan Status Date

03/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

153615.00

Current Approval Amount

153615.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24991

Servicing Lender Name

Iowa State Bank and Trust Company of Fairfield, Iowa

Servicing Lender Address

55 S 4th St

Servicing Lender City

FAIRFIELD

Servicing Lender State

IA

Servicing Lender Zip

52556-3258

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FAIRFIELD

Project County Name

JEFFERSON

Project State

IA

Project Zip

52556-2583

CD

IA-01

Jobs Reported

17

NAICS Code

238210

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16223.00

Payroll Proceed

122892.00

Mortgage Interest Proceed

2500.00

Rent Proceed

2000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

10000

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

24991

Originating Lender

Iowa State Bank and Trust Company of Fairfield, Iowa

Originating Lender City

FAIRFIELD

Originating Lender State

IA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

144412.86

Forgiveness Date

11/03/2020

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