Ideal Heating Company

$468,000 PPP Loan in Brookfield, Illinois

Loan Details

Loan Number
3587318503
Date Approved
Feb 24, 2021
Loan Status
Paid in Full
Initial Approval
$468,000
Current Approval
$468,000
Forgiveness Amount
$476,514
Forgiveness Date
Dec 29, 2022
Term
60 months
Draw
Second Draw

Business Information

Business Name
Ideal Heating Company
Address
9515 Southview Ave
ZIP Code
60513-1529
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238220)
Business Age
Existing or more than 2 years old
Jobs Reported
19
Estimated Revenue
$6.0M
Rural/Urban
Urban
Congressional District
IL-04

Loan Use Breakdown

Payroll
$467,998
Utilities
$1

Lender Information

Servicing Lender
Bmo Bank National Association
Originating Lender
Bmo Bank National Association

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