PPP Loan information for Ideal office solutions, llc

$250,200

Ideal office solutions, llc was initially approved for PPP Loan of amount $250,200, the current approved amount is $250,200. The loan was approved on 04/14/2020 by The Enterprise Bank and Trust Company reported 29 jobs and $250,200 was used to fund payroll.

Ideal office solutions, llc is Existing or more than 2 years old

IDEAL OFFICE SOLUTIONS, LLC

Date Approved

04/14/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEAL OFFICE SOLUTIONS, LLC

Borrower Address

28 PELHAM AVE

Borrower City

METHUEN

Borrower State

MA

Borrower Zip

01844-2968

Loan Status Date

06/04/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

250200.00

Current Approval Amount

250200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

METHUEN

Project County Name

ESSEX

Project State

MA

Project Zip

01844-2968

CD

MA-03

Jobs Reported

29

NAICS Code

442110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

6000.00

Payroll Proceed

200000.00

Mortgage Interest Proceed

0.00

Rent Proceed

39200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5000.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

252847.95

Forgiveness Date

05/11/2021

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