PPP Loan information for Ideal tape co., inc

$1,036,945

Ideal tape co., inc was initially approved for PPP Loan of amount $1,036,945, the current approved amount is $1,036,945. The loan was approved on 05/08/2020 by The Axos Bank reported 56 jobs and $1,036,945 was used to fund payroll.

Ideal tape co., inc is Existing or more than 2 years old

PPP Loan Search / MA / WELLESLEY HILLS / Ideal tape co., inc

IDEAL TAPE CO., INC

Date Approved

05/08/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEAL TAPE CO., INC

Borrower Address

57 River St. Suite 302

Borrower City

WELLESLEY HILLS

Borrower State

MA

Borrower Zip

02481-2097

Loan Status Date

04/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1036945.00

Current Approval Amount

1036945.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

124650

Servicing Lender Name

Axos Bank

Servicing Lender Address

4350 La Jolla Village Dr, Ste 140

Servicing Lender City

SAN DIEGO

Servicing Lender State

CA

Servicing Lender Zip

92122-1244

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WELLESLEY HILLS

Project County Name

NORFOLK

Project State

MA

Project Zip

02481-2097

CD

MA-05

Jobs Reported

56

NAICS Code

313320

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

67493.00

Payroll Proceed

934995.00

Mortgage Interest Proceed

0.00

Rent Proceed

34457.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

124650

Originating Lender

Axos Bank

Originating Lender City

SAN DIEGO

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1046018.27

Forgiveness Date

03/31/2021

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