PPP Loan information for Ideal tool inc

$73,300

Ideal tool inc was initially approved for PPP Loan of amount $73,300, the current approved amount is $73,300. The loan was approved on 04/16/2020 by The PNC Bank, National Association reported 4 jobs and $73,300 was used to fund payroll.

Ideal tool inc is Existing or more than 2 years old

PPP Loan Search / MI / BAY CITY / Ideal tool inc

IDEAL TOOL INC

Date Approved

04/16/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IDEAL TOOL INC

Borrower Address

1707 MARQUETTE ST

Borrower City

BAY CITY

Borrower State

MI

Borrower Zip

48706-4170

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

73300.00

Current Approval Amount

73300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BAY CITY

Project County Name

BAY

Project State

MI

Project Zip

48706-4170

CD

MI-08

Jobs Reported

4

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

73300.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

74159.24

Forgiveness Date

06/24/2021

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