PPP Loan information for Ideal welding systems lp

$152,690

Ideal welding systems lp was initially approved for PPP Loan of amount $152,690, the current approved amount is $152,690. The loan was approved on 05/11/2020 by The U.S. Bank, National Association reported 9 jobs and $152,690 was used to fund payroll.

Ideal welding systems lp is Unanswered

PPP Loan Search / IL / ROCKFORD / Ideal welding systems lp

IDEAL WELDING SYSTEMS LP

Date Approved

05/11/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

IDEAL WELDING SYSTEMS LP

Borrower Address

3294 Pyramid Drive

Borrower City

ROCKFORD

Borrower State

IL

Borrower Zip

61109

Loan Status Date

01/15/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

152690.00

Current Approval Amount

152690.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

ROCKFORD

Project County Name

WINNEBAGO

Project State

IL

Project Zip

61109-0600

CD

IL-17

Jobs Reported

9

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

152690.00

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

Partnership

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

155099.11

Forgiveness Date

12/08/2021

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