PPP Loan information for Ideal insturment co., inc

$172,600

Ideal insturment co., inc was initially approved for PPP Loan of amount $172,600, the current approved amount is $172,600. The loan was approved on 04/27/2020 by The The Bank of Canton reported 11 jobs and $172,600 was used to fund payroll.

Ideal insturment co., inc is Existing or more than 2 years old

PPP Loan Search / MA / CANTON / Ideal insturment co., inc

IDEAL INSTURMENT CO., INC

Date Approved

04/27/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEAL INSTURMENT CO., INC

Borrower Address

863 WASHINGTON ST

Borrower City

CANTON

Borrower State

MA

Borrower Zip

02021-2513

Loan Status Date

03/04/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

172600.00

Current Approval Amount

172600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32735

Servicing Lender Name

The Bank of Canton

Servicing Lender Address

490 Turnpike St

Servicing Lender City

CANTON

Servicing Lender State

MA

Servicing Lender Zip

02021-2704

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CANTON

Project County Name

NORFOLK

Project State

MA

Project Zip

02021-2513

CD

MA-08

Jobs Reported

11

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

14377.00

Payroll Proceed

143846.00

Mortgage Interest Proceed

0.00

Rent Proceed

14377.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

32735

Originating Lender

The Bank of Canton

Originating Lender City

CANTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

174752.71

Forgiveness Date

07/28/2021

;