PPP Loan information for Ideal electric inc.

$123,300

Ideal electric inc. was initially approved for PPP Loan of amount $123,300, the current approved amount is $123,300. The loan was approved on 04/09/2020 by The Kennebec Savings Bank reported 15 jobs and $123,300 was used to fund payroll.

Ideal electric inc. is Existing or more than 2 years old

PPP Loan Search / ME / WINSLOW / Ideal electric inc.

IDEAL ELECTRIC INC.

Date Approved

04/09/2020

SBA Office Code

0172

Processing Method

PPP

Borrower Name

IDEAL ELECTRIC INC.

Borrower Address

86 CHINA RD.

Borrower City

WINSLOW

Borrower State

ME

Borrower Zip

04901-7246

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

123300.00

Current Approval Amount

123300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29386

Servicing Lender Name

Kennebec Savings Bank

Servicing Lender Address

150 State St

Servicing Lender City

AUGUSTA

Servicing Lender State

ME

Servicing Lender Zip

04330-7418

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WINSLOW

Project County Name

KENNEBEC

Project State

ME

Project Zip

04901-7246

CD

ME-01

Jobs Reported

15

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

123300.00

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

Subchapter S Corporation

Originating Lender Location Id

29386

Originating Lender

Kennebec Savings Bank

Originating Lender City

AUGUSTA

Originating Lender State

ME

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

124259.38

Forgiveness Date

01/25/2021

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