PPP Loan information for Ideal logging inc.

$262,500

Ideal logging inc. was initially approved for PPP Loan of amount $262,500, the current approved amount is $262,500. The loan was approved on 04/27/2020 by The First-Citizens Bank & Trust Company reported 1 jobs and $262,500 was used to fund payroll.

Ideal logging inc. is New Business or 2 years or less

PPP Loan Search / SC / EDGEMOOR / Ideal logging inc.

IDEAL LOGGING INC.

Date Approved

04/27/2020

SBA Office Code

0464

Processing Method

PPP

Borrower Name

IDEAL LOGGING INC.

Borrower Address

4956 WYLIES MILL RD

Borrower City

EDGEMOOR

Borrower State

SC

Borrower Zip

29712-6766

Loan Status Date

06/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

262500.00

Current Approval Amount

262500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

51009

Servicing Lender Name

First-Citizens Bank & Trust Company

Servicing Lender Address

100 E. Tryon Rd DAC - 90

Servicing Lender City

Raleigh

Servicing Lender State

NC

Servicing Lender Zip

27603-3581

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

EDGEMOOR

Project County Name

CHESTER

Project State

SC

Project Zip

29712-6766

CD

SC-05

Jobs Reported

1

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

262500.00

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

Corporation

Originating Lender Location Id

51009

Originating Lender

First-Citizens Bank & Trust Company

Originating Lender City

Raleigh

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

265225.68

Forgiveness Date

05/21/2021

;