PPP Loan information for Ibc corp

$820,000

Ibc corp was initially approved for PPP Loan of amount $820,000, the current approved amount is $820,000. The loan was approved on 04/16/2021 by The Bank of America, National Association reported 50 jobs and $820,000 was used to fund payroll.

Ibc corp is Existing or more than 2 years old

IBC CORP

Date Approved

04/16/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

IBC CORP

Borrower Address

27 Belmont St

Borrower City

South Easton

Borrower State

MA

Borrower Zip

02375-1103

Loan Status Date

05/19/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

820000.00

Current Approval Amount

820000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

South Easton

Project County Name

BRISTOL

Project State

MA

Project Zip

02375-1103

CD

MA-08

Jobs Reported

50

NAICS Code

331318

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

819999.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

828536.99

Forgiveness Date

05/05/2022

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