PPP Loan information for The ideal supply company

$808,900

The ideal supply company was initially approved for PPP Loan of amount $808,900, the current approved amount is $808,900. The loan was approved on 04/27/2020 by The The Bancorp Bank National Association reported 63 jobs and $808,900 was used to fund payroll.

The ideal supply company is New Business or 2 years or less

THE IDEAL SUPPLY COMPANY

Date Approved

04/27/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

THE IDEAL SUPPLY COMPANY

Borrower Address

445 Communipaw Ave

Borrower City

Jersey City

Borrower State

NJ

Borrower Zip

07304-3601

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

808900.00

Current Approval Amount

808900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188901

Servicing Lender Name

The Bancorp Bank National Association

Servicing Lender Address

6100 S Old Village Place

Servicing Lender City

Sioux Falls

Servicing Lender State

SD

Servicing Lender Zip

57108

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Jersey City

Project County Name

HUDSON

Project State

NJ

Project Zip

07304-3601

CD

NJ-10

Jobs Reported

63

NAICS Code

423720

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

808900.00

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

188901

Originating Lender

The Bancorp Bank National Association

Originating Lender City

Sioux Falls

Originating Lender State

SD

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

815932.94

Forgiveness Date

03/11/2021

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