PPP Loan information for Ideal steel llc

$1,117,559

Ideal steel llc was initially approved for PPP Loan of amount $1,117,559, the current approved amount is $1,117,559. The loan was approved on 04/14/2020 by The First Horizon Bank reported 107 jobs and $1,117,559 was used to fund payroll.

Ideal steel llc is Existing or more than 2 years old

IDEAL STEEL LLC

Date Approved

04/14/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

IDEAL STEEL LLC

Borrower Address

1289 SMEDE HWY

Borrower City

BROUSSARD

Borrower State

LA

Borrower Zip

70518

Loan Status Date

01/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1117559.00

Current Approval Amount

1117559.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BROUSSARD

Project County Name

LAFAYETTE

Project State

LA

Project Zip

70518-0001

CD

LA-03

Jobs Reported

107

NAICS Code

332311

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1117559.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1125226.70

Forgiveness Date

12/31/2020

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