PPP Loan information for Ideal software systems, inc.

$652,600

Ideal software systems, inc. was initially approved for PPP Loan of amount $652,600, the current approved amount is $652,600. The loan was approved on 04/07/2020 by The Regions Bank reported 60 jobs and $652,600 was used to fund payroll.

Ideal software systems, inc. is Existing or more than 2 years old

PPP Loan Search / MS / MERIDIAN / Ideal software systems, inc.

IDEAL SOFTWARE SYSTEMS, INC.

Date Approved

04/07/2020

SBA Office Code

0470

Processing Method

PPP

Borrower Name

IDEAL SOFTWARE SYSTEMS, INC.

Borrower Address

3839 HIGHWAY 45 N

Borrower City

MERIDIAN

Borrower State

MS

Borrower Zip

39301-1518

Loan Status Date

12/16/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

652600.00

Current Approval Amount

652600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MERIDIAN

Project County Name

LAUDERDALE

Project State

MS

Project Zip

39301-1518

CD

MS-03

Jobs Reported

60

NAICS Code

541512

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

652600.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

656104.37

Forgiveness Date

11/03/2020

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