PPP Loan information for Initial ideas inc.

$57,855

Initial ideas inc. was initially approved for PPP Loan of amount $57,855, the current approved amount is $57,855. The loan was approved on 02/23/2021 by The Manufacturers and Traders Trust Company reported 7 jobs and $57,855 was used to fund payroll.

Initial ideas inc. is Existing or more than 2 years old

PPP Loan Search / VT / Rutland / Initial ideas inc.

INITIAL IDEAS INC.

Date Approved

02/23/2021

SBA Office Code

0150

Processing Method

PPP

Borrower Name

INITIAL IDEAS INC.

Borrower Address

142 West St

Borrower City

Rutland

Borrower State

VT

Borrower Zip

05701-2860

Loan Status Date

11/09/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

57855.00

Current Approval Amount

57855.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

46391

Servicing Lender Name

Manufacturers and Traders Trust Company

Servicing Lender Address

One M & T Plaza, 15th Fl

Servicing Lender City

BUFFALO

Servicing Lender State

NY

Servicing Lender Zip

14203

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Rutland

Project County Name

RUTLAND

Project State

VT

Project Zip

05701-2860

CD

VT-

Jobs Reported

7

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

57854.00

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

Subchapter S Corporation

Originating Lender Location Id

46391

Originating Lender

Manufacturers and Traders Trust Company

Originating Lender City

BUFFALO

Originating Lender State

NY

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58203.72

Forgiveness Date

10/08/2021

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