PPP Loan information for Ideal inc

$41,400

Ideal inc was initially approved for PPP Loan of amount $41,400, the current approved amount is $41,400. The loan was approved on 04/28/2020 by The Security Federal Savings Bank reported 11 jobs and $41,400 was used to fund payroll.

Ideal inc is Existing or more than 2 years old

PPP Loan Search / IN / KOKOMO / Ideal inc

IDEAL INC

Date Approved

04/28/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

IDEAL INC

Borrower Address

1037 S UNION ST

Borrower City

KOKOMO

Borrower State

IN

Borrower Zip

46902-1630

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

41400.00

Current Approval Amount

41400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

80388

Servicing Lender Name

Security Federal Savings Bank

Servicing Lender Address

314 4th St

Servicing Lender City

LOGANSPORT

Servicing Lender State

IN

Servicing Lender Zip

46947-3107

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KOKOMO

Project County Name

HOWARD

Project State

IN

Project Zip

46902-1630

CD

IN-05

Jobs Reported

11

NAICS Code

561720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1870.00

Payroll Proceed

39530.00

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

Subchapter S Corporation

Originating Lender Location Id

80388

Originating Lender

Security Federal Savings Bank

Originating Lender City

LOGANSPORT

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

41870.71

Forgiveness Date

06/24/2021

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