PPP Loan information for Idl communications & electric, inc.

$2,604,200

Idl communications & electric, inc. was initially approved for PPP Loan of amount $2,604,200, the current approved amount is $2,604,200. The loan was approved on 04/14/2020 by The Manufacturers and Traders Trust Company reported 85 jobs and $2,604,200 was used to fund payroll.

Idl communications & electric, inc. is Existing or more than 2 years old

PPP Loan Search / NY / BROOKLYN / Idl communications & electric, inc.

IDL COMMUNICATIONS & ELECTRIC, INC.

Date Approved

04/14/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

IDL COMMUNICATIONS & ELECTRIC, INC.

Borrower Address

850 Third Avenue Suite 408

Borrower City

BROOKLYN

Borrower State

NY

Borrower Zip

11232-1513

Loan Status Date

07/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2604200.00

Current Approval Amount

2604200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BROOKLYN

Project County Name

KINGS

Project State

NY

Project Zip

11232-1513

CD

NY-10

Jobs Reported

85

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

800.00

Payroll Proceed

1120000.00

Mortgage Interest Proceed

0.00

Rent Proceed

46944.00

Refinance EIDL Proceed

0.00

Health Care Proceed

1436456.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2633809.40

Forgiveness Date

06/11/2021

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