PPP Loan information for Ideal group

$250,000

Ideal group was initially approved for PPP Loan of amount $250,000, the current approved amount is $250,000. The loan was approved on 07/14/2020 by The Cross River Bank reported 7 jobs and $250,000 was used to fund payroll.

Ideal group is Unanswered

IDEAL GROUP

Date Approved

07/14/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

IDEAL GROUP

Borrower Address

55 carter drive,212 ideal group

Borrower City

edison

Borrower State

NJ

Borrower Zip

08817

Loan Status Date

04/19/2022

Loan Status

Charged Off

Term

26

SBA Guaranty Percentage

100

Initial Approval Amount

250000.00

Current Approval Amount

250000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

456756

Servicing Lender Name

Cross River Bank

Servicing Lender Address

885 Teaneck Rd

Servicing Lender City

TEANECK

Servicing Lender State

NJ

Servicing Lender Zip

07666-4546

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Unanswered

Project City

edison

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08817-1700

CD

NJ-06

Jobs Reported

7

NAICS Code

441310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

250000.00

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

Subchapter S Corporation

Originating Lender Location Id

456756

Originating Lender

Cross River Bank

Originating Lender City

TEANECK

Originating Lender State

NJ

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

17601.11

Forgiveness Date

09/28/2022

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