Ideal Electric Company, Inc.

$173,188 PPP Loan in Danvers, Massachusetts

Loan Details

Loan Number
4127907206
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$173,188
Current Approval
$173,188
Forgiveness Amount
$174,198
Forgiveness Date
Nov 30, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Electric Company, Inc.
Address
10r Rainbow Terrace Unit B
ZIP Code
01923-3779
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
14
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
MA-06

Loan Use Breakdown

Payroll
$173,188

Lender Information

Servicing Lender
Rockland Trust Company
Originating Lender
Rockland Trust Company

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