PPP Loan information for Ideal power electrical contracting, inc.

Date Approved

05/27/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

IDEAL POWER ELECTRICAL CONTRACTING, INC.

Borrower Address

2360 Eagle Wood Dr

Borrower City

Mount Airy

Borrower State

MD

Borrower Zip

21771-8731

Loan Status Date

01/19/2022

Loan Status

Paid in Full

Term

59

SBA Guaranty Percentage

100

Initial Approval Amount

75700.00

Current Approval Amount

75700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

484528

Servicing Lender Name

CRF Small Business Loan Company, LLC

Servicing Lender Address

801 Nicollet Mall Suite 1700 West

Servicing Lender City

MINNEAPOLIS

Servicing Lender State

MN

Servicing Lender Zip

55402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Mount Airy

Project County Name

CARROLL

Project State

MD

Project Zip

21771-8731

CD

MD-02

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

75700.00

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

484528

Originating Lender

CRF Small Business Loan Company, LLC

Originating Lender City

MINNEAPOLIS

Originating Lender State

MN

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

76133.46

Forgiveness Date

01/03/2022