PPP Loan information for Ideal electric services

$109,030

Ideal electric services was initially approved for PPP Loan of amount $109,030, the current approved amount is $109,030. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 16 jobs and $109,030 was used to fund payroll.

Ideal electric services is Existing or more than 2 years old

IDEAL ELECTRIC SERVICES

Date Approved

05/01/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

IDEAL ELECTRIC SERVICES

Borrower Address

3116 CHARLESTOWN PIKE

Borrower City

JEFFERSONVILLE

Borrower State

IN

Borrower Zip

47130

Loan Status Date

09/29/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

109030.00

Current Approval Amount

109030.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JEFFERSONVILLE

Project County Name

CLARK

Project State

IN

Project Zip

47130-0001

CD

IN-09

Jobs Reported

16

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1500.00

Payroll Proceed

97000.00

Mortgage Interest Proceed

0.00

Rent Proceed

2500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

6030.00

Debt Interest Proceed

2000

Business Type

Sole Proprietorship

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

110454.66

Forgiveness Date

08/25/2021

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