Ideal Development Corporation
$74,942 PPP Loan in Pequot Lakes, Minnesota
Loan Details
- Loan Number
- 1162337105
- Date Approved
- Apr 10, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $74,942
- Current Approval
- $69,227
- Forgiveness Amount
- $69,677
- Forgiveness Date
- Dec 14, 2020
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ideal Development Corporation
- Address
- 7883 County Road 16
- City
- Pequot Lakes
- State
- Minnesota
- ZIP Code
- 56472
- Business Type
- Corporation
- Industry (NAICS)
- Arts, Entertainment, and Recreation (713910)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 9
- Estimated Revenue
- <$5M
- Rural/Urban
- Rural
- Congressional District
- MN-08
Loan Use Breakdown
- Payroll
- $56,107
- Utilities
- $7,120
- Mortgage Interest
- $6,000
Lender Information
- Servicing Lender
- Frandsen Bank & Trust
- Originating Lender
- Frandsen Bank & Trust
Other PPP Loans in Pequot Lakes, MN
| Business | Approved | |
|---|---|---|
| Pequot Tool & Mfg., Inc. | $2,282,200 |  AI Deep Dive |
| Breezy Point International, Inc. | $1,130,800 | AI Deep Dive |
| Narveson Management Inc. | $518,600 | AI Deep Dive |
| Lonesome Cottage Furniture Company | $402,690 | AI Deep Dive |
| Ideal System Solutions INC | $269,963 | AI Deep Dive |
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