PPP Loan information for Ideal restaurant inc.

$270,800

Ideal restaurant inc. was initially approved for PPP Loan of amount $270,800, the current approved amount is $270,800. The loan was approved on 04/09/2020 by The The Old Fort Banking Company reported 67 jobs and $270,800 was used to fund payroll.

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

PPP Loan Search / OH / TOLEDO / Ideal restaurant inc.

IDEAL RESTAURANT INC.

Date Approved

04/09/2020

SBA Office Code

0549

Processing Method

PPP

Borrower Name

IDEAL RESTAURANT INC.

Borrower Address

5453 MONROE ST

Borrower City

TOLEDO

Borrower State

OH

Borrower Zip

43623-2817

Loan Status Date

04/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270800.00

Current Approval Amount

270800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57998

Servicing Lender Name

The Old Fort Banking Company

Servicing Lender Address

8034 Main St

Servicing Lender City

OLD FORT

Servicing Lender State

OH

Servicing Lender Zip

44861

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TOLEDO

Project County Name

LUCAS

Project State

OH

Project Zip

43623-2817

CD

OH-09

Jobs Reported

67

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

27080.00

Payroll Proceed

216640.00

Mortgage Interest Proceed

0.00

Rent Proceed

27080.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

57998

Originating Lender

The Old Fort Banking Company

Originating Lender City

OLD FORT

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

273252.24

Forgiveness Date

03/10/2021

;