PPP Loan information for Ibs enterprises inc

$40,430

Ibs enterprises inc was initially approved for PPP Loan of amount $40,430, the current approved amount is $40,430. The loan was approved on 02/10/2021 by The Cross River Bank reported 28 jobs and $40,430 was used to fund payroll.

Ibs enterprises inc is Existing or more than 2 years old

IBS ENTERPRISES INC

Date Approved

02/10/2021

SBA Office Code

0235

Processing Method

PPS

Borrower Name

IBS ENTERPRISES INC

Borrower Address

66 W Merrick Rd Ste 2

Borrower City

Valley Stream

Borrower State

NY

Borrower Zip

11580-5707

Loan Status Date

02/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

40430.00

Current Approval Amount

40430.00

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

Valley Stream

Project County Name

NASSAU

Project State

NY

Project Zip

11580-5707

CD

NY-04

Jobs Reported

28

NAICS Code

236115

Race

Asian

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

40428.00

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

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

40814.36

Forgiveness Date

01/25/2022

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