PPP Loan information for Ideal wine and spirits company, inc.

$343,850

Ideal wine and spirits company, inc. was initially approved for PPP Loan of amount $334,835, the current approved amount is $343,850. The loan was approved on 04/07/2020 by The Eastern Bank reported 19 jobs and $343,850 was used to fund payroll.

Ideal wine and spirits company, inc. is Existing or more than 2 years old

PPP Loan Search / MA / MEDFORD / Ideal wine and spirits company, inc.

IDEAL WINE AND SPIRITS COMPANY, INC.

Date Approved

04/07/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

IDEAL WINE AND SPIRITS COMPANY, INC.

Borrower Address

3890 Mystic Valley Pkwy

Borrower City

MEDFORD

Borrower State

MA

Borrower Zip

02155-6903

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

334835.30

Current Approval Amount

343850.04

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

32987

Servicing Lender Name

Eastern Bank

Servicing Lender Address

265 Franklin St

Servicing Lender City

BOSTON

Servicing Lender State

MA

Servicing Lender Zip

02110-3113

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MEDFORD

Project County Name

MIDDLESEX

Project State

MA

Project Zip

02155-6903

CD

MA-05

Jobs Reported

19

NAICS Code

424820

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

343850.04

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

Subchapter S Corporation

Originating Lender Location Id

32987

Originating Lender

Eastern Bank

Originating Lender City

BOSTON

Originating Lender State

MA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

346648.60

Forgiveness Date

02/04/2021

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