PPP Loan information for Ideal system solutions inc

$269,963

Ideal system solutions inc was initially approved for PPP Loan of amount $269,963, the current approved amount is $269,963. The loan was approved on 01/25/2021 by The Bremer Bank, National Association reported 22 jobs and $269,963 was used to fund payroll.

Ideal system solutions inc is Existing or more than 2 years old

PPP Loan Search / MN / PEQUOT LAKES / Ideal system solutions inc

IDEAL SYSTEM SOLUTIONS INC

Date Approved

01/25/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

IDEAL SYSTEM SOLUTIONS INC

Borrower Address

4646 MAIN ST

Borrower City

PEQUOT LAKES

Borrower State

MN

Borrower Zip

56472

Loan Status Date

10/15/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

269963.45

Current Approval Amount

269963.45

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38908

Servicing Lender Name

Bremer Bank, National Association

Servicing Lender Address

372 St. Peter St

Servicing Lender City

SAINT PAUL

Servicing Lender State

MN

Servicing Lender Zip

55102-1302

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PEQUOT LAKES

Project County Name

CROW WING

Project State

MN

Project Zip

56472

CD

MN-08

Jobs Reported

22

NAICS Code

334111

Race

Unanswered

Ethnicity

Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

269960.45

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

38908

Originating Lender

Bremer Bank, National Association

Originating Lender City

SAINT PAUL

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

271561.04

Forgiveness Date

09/01/2021

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