PPP Loan information for Ideal drug inc

$133,700

Ideal drug inc was initially approved for PPP Loan of amount $133,700, the current approved amount is $133,700. The loan was approved on 05/01/2020 by The Regions Bank reported 19 jobs and $133,700 was used to fund payroll.

Ideal drug inc is Existing or more than 2 years old

IDEAL DRUG INC

Date Approved

05/01/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

IDEAL DRUG INC

Borrower Address

510 South Main Street,

Borrower City

Sweetwater

Borrower State

TN

Borrower Zip

37874

Loan Status Date

04/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

133700.00

Current Approval Amount

133700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

2408

Servicing Lender Name

Regions Bank

Servicing Lender Address

1900 Fifth Avenue North

Servicing Lender City

BIRMINGHAM

Servicing Lender State

AL

Servicing Lender Zip

35203

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Sweetwater

Project County Name

MONROE

Project State

TN

Project Zip

37874-0001

CD

TN-03

Jobs Reported

19

NAICS Code

446110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

133700.00

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

2408

Originating Lender

Regions Bank

Originating Lender City

BIRMINGHAM

Originating Lender State

AL

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

134806.23

Forgiveness Date

03/05/2021

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