PPP Loan information for Ideal technology corporation

$679,655

Ideal technology corporation was initially approved for PPP Loan of amount $679,655, the current approved amount is $679,655. The loan was approved on 01/30/2021 by The The Huntington National Bank reported 38 jobs and $679,655 was used to fund payroll.

Ideal technology corporation is Existing or more than 2 years old

PPP Loan Search / MI / Shelby Township / Ideal technology corporation

IDEAL TECHNOLOGY CORPORATION

Date Approved

01/30/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

IDEAL TECHNOLOGY CORPORATION

Borrower Address

50515 Corporate Dr

Borrower City

Shelby Township

Borrower State

MI

Borrower Zip

48315-3103

Loan Status Date

12/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

679655.00

Current Approval Amount

679655.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

57328

Servicing Lender Name

The Huntington National Bank

Servicing Lender Address

17 S High St.

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43215-3413

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Shelby Township

Project County Name

MACOMB

Project State

MI

Project Zip

48315-3103

CD

MI-10

Jobs Reported

38

NAICS Code

326199

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

679651.00

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

57328

Originating Lender

The Huntington National Bank

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

685055.00

Forgiveness Date

11/19/2021

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