PPP Loan information for Ideal concrete block co

$1,000,000

Ideal concrete block co was initially approved for PPP Loan of amount $1,000,000, the current approved amount is $1,000,000. The loan was approved on 04/05/2020 by The Enterprise Bank and Trust Company reported 55 jobs and $1,000,000 was used to fund payroll.

Ideal concrete block co is Existing or more than 2 years old

PPP Loan Search / MA / WESTFORD / Ideal concrete block co

IDEAL CONCRETE BLOCK CO

Date Approved

04/05/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEAL CONCRETE BLOCK CO

Borrower Address

45 Powers Rd

Borrower City

WESTFORD

Borrower State

MA

Borrower Zip

01886-4111

Loan Status Date

01/07/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1000000.00

Current Approval Amount

1000000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

112598

Servicing Lender Name

Enterprise Bank and Trust Company

Servicing Lender Address

222 Merrimack St

Servicing Lender City

LOWELL

Servicing Lender State

MA

Servicing Lender Zip

01852-5913

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WESTFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01886-4111

CD

MA-03

Jobs Reported

55

NAICS Code

327320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

65000.00

Payroll Proceed

750000.00

Mortgage Interest Proceed

60000.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

125000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

112598

Originating Lender

Enterprise Bank and Trust Company

Originating Lender City

LOWELL

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1006555.56

Forgiveness Date

12/08/2020

;