Date Approved
04/28/2020
SBA Office Code
0562
Processing Method
PPP
Borrower Name
IDEAL HEATING AIR CONDITIONING AND REFRIGERATION INC
Borrower Address
1417 N Harding Street
Borrower City
INDIANAPOLIS
Borrower State
IN
Borrower Zip
46202-2007
Loan Status Date
02/09/2021
Loan Status
Paid in Full
Term
24
SBA Guaranty Percentage
100
Initial Approval Amount
864002.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
23892
Servicing Lender Name
State Bank
Servicing Lender Address
900 E 56th St
Servicing Lender City
BROWNSBURG
Servicing Lender State
Servicing Lender Zip
46112
Rural Urban Indicator
U
Hubzone Indicator
Y
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
MARION
Project State
Project Zip
CD
IN-07
Jobs Reported
71
NAICS Code
333415
Race
White
Ethnicity
Not Hispanic or Latino
Utilities Proceed
3220.00
Payroll Proceed
48294.00
Mortgage Interest Proceed
298748.00
Rent Proceed
5400.00
Refinance EIDL Proceed
Health Care Proceed
508340.00
Debt Interest Proceed
0
Business Type
Subchapter S Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Male Owned
Veteran
Non-Veteran
Non Profit
Forgiveness Amount
869834.01
Forgiveness Date
12/31/2020