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Ideal Electric Inc.

$38,977 PPP Loan in Mazon, Illinois

Loan Details

Loan Number
4838707201
Date Approved
Apr 27, 2020
Loan Status
Paid in Full
Initial Approval
$38,977
Current Approval
$38,977
Forgiveness Amount
$39,351
Forgiveness Date
Apr 8, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Electric Inc.
Address
5030 S. Old Mazon Road
City
Mazon
State
Illinois
ZIP Code
60444
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
2
Estimated Revenue
<$5M
Rural/Urban
Urban
Congressional District
IL-16

Loan Use Breakdown

Payroll
$38,977

Lender Information

Servicing Lender
Grundy Bank
Originating Lender
Grundy Bank

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