PPP Loan information for Ideal traits, inc.

$263,779

Ideal traits, inc. was initially approved for PPP Loan of amount $263,779, the current approved amount is $263,779. The loan was approved on 04/29/2020 by The Oxford Bank reported 25 jobs and $263,779 was used to fund payroll.

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

PPP Loan Search / MI / LAKE ORION / Ideal traits, inc.

IDEAL TRAITS, INC.

Date Approved

04/29/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

IDEAL TRAITS, INC.

Borrower Address

232 BROADWAY ST

Borrower City

LAKE ORION

Borrower State

MI

Borrower Zip

48362-2737

Loan Status Date

01/15/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

263779.30

Current Approval Amount

263779.30

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36206

Servicing Lender Name

Oxford Bank

Servicing Lender Address

60 S Washington St

Servicing Lender City

OXFORD

Servicing Lender State

MI

Servicing Lender Zip

48371-4972

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LAKE ORION

Project County Name

OAKLAND

Project State

MI

Project Zip

48362-2737

CD

MI-09

Jobs Reported

25

NAICS Code

541511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

263779.30

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

36206

Originating Lender

Oxford Bank

Originating Lender City

OXFORD

Originating Lender State

MI

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

265303.36

Forgiveness Date

12/02/2020

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