PPP Loan information for Ideal construction company

$376,310

Ideal construction company was initially approved for PPP Loan of amount $376,310, the current approved amount is $376,310. The loan was approved on 01/31/2021 by The Simmons Bank reported 26 jobs and $376,310 was used to fund payroll.

Ideal construction company is Existing or more than 2 years old

PPP Loan Search / AR / Crossett / Ideal construction company

IDEAL CONSTRUCTION COMPANY

Date Approved

01/31/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

IDEAL CONSTRUCTION COMPANY

Borrower Address

803 W 1st Ave

Borrower City

Crossett

Borrower State

AR

Borrower Zip

71635-2707

Loan Status Date

10/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

376309.70

Current Approval Amount

376309.70

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4679

Servicing Lender Name

Simmons Bank

Servicing Lender Address

501 Main St

Servicing Lender City

PINE BLUFF

Servicing Lender State

AR

Servicing Lender Zip

71601-4327

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Crossett

Project County Name

ASHLEY

Project State

AR

Project Zip

71635-2707

CD

AR-04

Jobs Reported

26

NAICS Code

236220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

376302.70

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

4679

Originating Lender

Simmons Bank

Originating Lender City

PINE BLUFF

Originating Lender State

AR

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

378692.99

Forgiveness Date

09/23/2021

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