PPP Loan information for Ideal transportation co., inc.

$158,750

Ideal transportation co., inc. was initially approved for PPP Loan of amount $158,750, the current approved amount is $158,750. The loan was approved on 04/13/2020 by The Eastern Bank reported 11 jobs and $158,750 was used to fund payroll.

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

PPP Loan Search / MA / PEABODY / Ideal transportation co., inc.

IDEAL TRANSPORTATION CO., INC.

Date Approved

04/13/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEAL TRANSPORTATION CO., INC.

Borrower Address

19 LEBLANC DR

Borrower City

PEABODY

Borrower State

MA

Borrower Zip

01960-2341

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

158750.00

Current Approval Amount

158750.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEABODY

Project County Name

ESSEX

Project State

MA

Project Zip

01960-2341

CD

MA-06

Jobs Reported

11

NAICS Code

484121

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

158750.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

160835.80

Forgiveness Date

08/11/2021

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