PPP Loan information for Ideal tool and manufacturing co inc

$147,500

Ideal tool and manufacturing co inc was initially approved for PPP Loan of amount $147,500, the current approved amount is $147,500. The loan was approved on 04/09/2021 by The Central Bank & Trust Co. reported 12 jobs and $147,500 was used to fund payroll.

Ideal tool and manufacturing co inc is Existing or more than 2 years old

PPP Loan Search / KY / Nicholasville / Ideal tool and manufacturing co inc

IDEAL TOOL AND MANUFACTURING CO INC

Date Approved

04/09/2021

SBA Office Code

0457

Processing Method

PPS

Borrower Name

IDEAL TOOL AND MANUFACTURING CO INC

Borrower Address

126 Capital Ct

Borrower City

Nicholasville

Borrower State

KY

Borrower Zip

40356-2177

Loan Status Date

11/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

147500.00

Current Approval Amount

147500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27196

Servicing Lender Name

Central Bank & Trust Co.

Servicing Lender Address

300 W Vine St

Servicing Lender City

LEXINGTON

Servicing Lender State

KY

Servicing Lender Zip

40507-1621

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Nicholasville

Project County Name

JESSAMINE

Project State

KY

Project Zip

40356-2177

CD

KY-06

Jobs Reported

12

NAICS Code

332911

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

147499.00

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

27196

Originating Lender

Central Bank & Trust Co.

Originating Lender City

LEXINGTON

Originating Lender State

KY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

148212.92

Forgiveness Date

10/06/2021

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