PPP Loan information for Ideal, inc.

$66,200

Ideal, inc. was initially approved for PPP Loan of amount $66,200, the current approved amount is $66,200. The loan was approved on 04/05/2020 by The First Security Bank reported 5 jobs and $66,200 was used to fund payroll.

Ideal, inc. is Existing or more than 2 years old

PPP Loan Search / AR / SEARCY / Ideal, inc.

IDEAL, INC.

Date Approved

04/05/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

IDEAL, INC.

Borrower Address

110 S MAIN ST

Borrower City

SEARCY

Borrower State

AR

Borrower Zip

72143-5426

Loan Status Date

03/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

66200.00

Current Approval Amount

66200.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

4754

Servicing Lender Name

First Security Bank

Servicing Lender Address

314 N Spring St

Servicing Lender City

SEARCY

Servicing Lender State

AR

Servicing Lender Zip

72143-7703

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SEARCY

Project County Name

WHITE

Project State

AR

Project Zip

72143-5426

CD

AR-02

Jobs Reported

5

NAICS Code

423420

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

66200.00

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

4754

Originating Lender

First Security Bank

Originating Lender City

SEARCY

Originating Lender State

AR

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

66775.57

Forgiveness Date

02/24/2021

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