Ideal Tape Co., INC

$1,036,945 PPP Loan in Wellesley Hills, Massachusetts

Loan Details

Loan Number
3960917400
Date Approved
May 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,036,945
Current Approval
$1,036,945
Forgiveness Amount
$1,046,018
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Tape Co., INC
Address
57 River St. Suite 302
ZIP Code
02481-2097
Business Type
Corporation
Industry (NAICS)
Manufacturing (313320)
Business Age
Existing or more than 2 years old
Jobs Reported
56
Estimated Revenue
$19.8M
Rural/Urban
Urban
Congressional District
MA-05

Loan Use Breakdown

Payroll
$934,995
Rent
$34,457
Utilities
$67,493

Lender Information

Servicing Lender
Axos Bank
Originating Lender
Axos Bank

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