PPP Loan information for Ideal frame co inc

$90,300

Ideal frame co inc was initially approved for PPP Loan of amount $90,300, the current approved amount is $90,300. The loan was approved on 04/28/2020 by The First Community Bank reported 18 jobs and $90,300 was used to fund payroll.

Ideal frame co inc is Existing or more than 2 years old

IDEAL FRAME CO INC

Date Approved

04/28/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

IDEAL FRAME CO INC

Borrower Address

221 5th Ave SW

Borrower City

Taylorsville

Borrower State

NC

Borrower Zip

28681

Loan Status Date

04/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

90300.00

Current Approval Amount

90300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

75351

Servicing Lender Name

First Community Bank

Servicing Lender Address

29 College Dr

Servicing Lender City

BLUEFIELD

Servicing Lender State

VA

Servicing Lender Zip

24605-1736

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Taylorsville

Project County Name

ALEXANDER

Project State

NC

Project Zip

28681-0001

CD

NC-10

Jobs Reported

18

NAICS Code

337215

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

13545.00

Payroll Proceed

76755.00

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

75351

Originating Lender

First Community Bank

Originating Lender City

BLUEFIELD

Originating Lender State

VA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

91047.14

Forgiveness Date

03/05/2021

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