PPP Loan information for Ifs industries, inc

$2,228,700

Ifs industries, inc was initially approved for PPP Loan of amount $2,228,700, the current approved amount is $2,228,700. The loan was approved on 04/06/2020 by The Frost Bank reported 167 jobs and $2,228,700 was used to fund payroll.

Ifs industries, inc is Existing or more than 2 years old

PPP Loan Search / PA / READING / Ifs industries, inc

IFS INDUSTRIES, INC

Date Approved

04/06/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

IFS INDUSTRIES, INC

Borrower Address

400 Orrton Avenue

Borrower City

READING

Borrower State

PA

Borrower Zip

19611-2008

Loan Status Date

04/23/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2228700.00

Current Approval Amount

2228700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

71783

Servicing Lender Name

Frost Bank

Servicing Lender Address

111 W Houston St

Servicing Lender City

SAN ANTONIO

Servicing Lender State

TX

Servicing Lender Zip

78205-1414

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

READING

Project County Name

BERKS

Project State

PA

Project Zip

19611-2008

CD

PA-06

Jobs Reported

167

NAICS Code

325211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2228700.00

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

71783

Originating Lender

Frost Bank

Originating Lender City

SAN ANTONIO

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2249948.98

Forgiveness Date

03/31/2021

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