PPP Loan information for Ideal machinery inc.

$141,180

Ideal machinery inc. was initially approved for PPP Loan of amount $141,180, the current approved amount is $141,180. The loan was approved on 02/18/2021 by The The Huntington National Bank reported 21 jobs and $141,180 was used to fund payroll.

Ideal machinery inc. is Existing or more than 2 years old

PPP Loan Search / MI / Holly / Ideal machinery inc.

IDEAL MACHINERY INC.

Date Approved

02/18/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IDEAL MACHINERY INC.

Borrower Address

10230 N Holly Rd

Borrower City

Holly

Borrower State

MI

Borrower Zip

48442-9302

Loan Status Date

11/17/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

141180.00

Current Approval Amount

141180.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Holly

Project County Name

GENESEE

Project State

MI

Project Zip

48442-9302

CD

MI-08

Jobs Reported

21

NAICS Code

423830

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

141178.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

142069.63

Forgiveness Date

10/08/2021

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