PPP Loan information for Idea lube inc.

$49,142

Idea lube inc. was initially approved for PPP Loan of amount $49,142, the current approved amount is $49,142. The loan was approved on 03/18/2021 by The Eastern Bank reported 6 jobs and $49,142 was used to fund payroll.

Idea lube inc. is Existing or more than 2 years old

IDEA LUBE INC.

Date Approved

03/18/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

IDEA LUBE INC.

Borrower Address

734 Main St

Borrower City

Tewksbury

Borrower State

MA

Borrower Zip

01876-1836

Loan Status Date

11/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

49142.00

Current Approval Amount

49142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Tewksbury

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01876-1836

CD

MA-06

Jobs Reported

6

NAICS Code

811191

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

49142.00

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

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

49427.30

Forgiveness Date

10/19/2021

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