PPP Loan information for Idea lube, inc.

$49,140

Idea lube, inc. was initially approved for PPP Loan of amount $49,140, the current approved amount is $49,140. The loan was approved on 06/02/2020 by The Eastern Bank reported 6 jobs and $49,140 was used to fund payroll.

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

IDEA LUBE, INC.

Date Approved

06/02/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEA LUBE, INC.

Borrower Address

734 MAIN ST

Borrower City

TEWKSBURY

Borrower State

MA

Borrower Zip

01876-1836

Loan Status Date

06/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

49140.00

Current Approval Amount

49140.00

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

49140.00

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

49621.85

Forgiveness Date

05/24/2021

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