PPP Loan information for Iba inc

$125,000

Iba inc was initially approved for PPP Loan of amount $125,000, the current approved amount is $125,000. The loan was approved on 03/23/2021 by The Cross River Bank reported 6 jobs and $125,000 was used to fund payroll.

Iba inc is Existing or more than 2 years old

PPP Loan Search / IL / Naperville / Iba inc

IBA INC

Date Approved

03/23/2021

SBA Office Code

0507

Processing Method

PPS

Borrower Name

IBA INC

Borrower Address

460 Industrial Dr

Borrower City

Naperville

Borrower State

IL

Borrower Zip

60563-3934

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

125000.00

Current Approval Amount

125000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Naperville

Project County Name

DUPAGE

Project State

IL

Project Zip

60563-3934

CD

IL-11

Jobs Reported

6

NAICS Code

611620

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

124998.00

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

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

126130.14

Forgiveness Date

02/25/2022

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