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Ideal Technology Corporation

$702,300 PPP Loan in Utica, Michigan

Loan Details

Loan Number
1048737103
Date Approved
Apr 9, 2020
Loan Status
Paid in Full
Initial Approval
$702,300
Current Approval
$702,300
Forgiveness Amount
$710,747
Forgiveness Date
Jul 20, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Technology Corporation
Address
50515 Corporate Drive
City
Utica
State
Michigan
ZIP Code
48315-3103
Business Type
Corporation
Industry (NAICS)
Manufacturing (333517)
Business Age
Existing or more than 2 years old
Jobs Reported
38
Estimated Revenue
$9.9M
Rural/Urban
Urban
Congressional District
MI-10

Loan Use Breakdown

Payroll
$702,300

Lender Information

Servicing Lender
The Huntington National Bank
Originating Lender
The Huntington National Bank

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