PPP Loan information for Ideal logging inc.

$261,900

Ideal logging inc. was initially approved for PPP Loan of amount $261,900, the current approved amount is $261,900. The loan was approved on 02/12/2021 by The First-Citizens Bank & Trust Company reported 26 jobs and $261,900 was used to fund payroll.

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

IDEAL LOGGING INC.

Date Approved

02/12/2021

SBA Office Code

0464

Processing Method

PPS

Borrower Name

IDEAL LOGGING INC.

Borrower Address

4956 Wylies Mill Rd

Borrower City

Edgemoor

Borrower State

SC

Borrower Zip

29712-6766

Loan Status Date

12/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

261900.00

Current Approval Amount

261900.00

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

Existing or more than 2 years old

Project City

Edgemoor

Project County Name

CHESTER

Project State

SC

Project Zip

29712-6766

CD

SC-05

Jobs Reported

26

NAICS Code

113310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

261900.00

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

263801.47

Forgiveness Date

11/10/2021

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