PPP Loan information for Ideal tool and manufacturing company

$149,700

Ideal tool and manufacturing company was initially approved for PPP Loan of amount $149,700, the current approved amount is $149,700. The loan was approved on 04/15/2020 by The Central Bank & Trust Co. reported 12 jobs and $149,700 was used to fund payroll.

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

PPP Loan Search / KY / NICHOLASVILLE / Ideal tool and manufacturing company

IDEAL TOOL AND MANUFACTURING COMPANY

Date Approved

04/15/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

IDEAL TOOL AND MANUFACTURING COMPANY

Borrower Address

126 CAPITAL CT

Borrower City

NICHOLASVILLE

Borrower State

KY

Borrower Zip

40356-2177

Loan Status Date

05/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

149700.00

Current Approval Amount

149700.00

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

332999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

149700.00

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

151201.16

Forgiveness Date

04/21/2021

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