PPP Loan information for Ideal inc.

$54,800

Ideal inc. was initially approved for PPP Loan of amount $54,800, the current approved amount is $54,800. The loan was approved on 03/23/2021 by The First Security Bank reported 6 jobs and $54,800 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

03/23/2021

SBA Office Code

0669

Processing Method

PPS

Borrower Name

IDEAL INC.

Borrower Address

110 S Main St

Borrower City

Searcy

Borrower State

AR

Borrower Zip

72143-5426

Loan Status Date

07/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

54800.00

Current Approval Amount

54800.00

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

6

NAICS Code

424120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

54797.00

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

55469.78

Forgiveness Date

06/09/2022

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