Ideal Manufacturing, INC

$892,100 PPP Loan in East Rochester, New York

Loan Details

Loan Number
5206947101
Date Approved
Apr 13, 2020
Loan Status
Paid in Full
Initial Approval
$892,100
Current Approval
$892,100
Forgiveness Amount
$904,101
Forgiveness Date
Aug 26, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Manufacturing, INC
Address
80 Bluff Drive
ZIP Code
14445-1300
Business Type
Corporation
Industry (NAICS)
Manufacturing (332312)
Business Age
Existing or more than 2 years old
Jobs Reported
75
Estimated Revenue
$18.3M
Rural/Urban
Urban
Congressional District
NY-25

Loan Use Breakdown

Payroll
$732,165
Rent
$80,000
Utilities
$19,935
Health Care
$30,000
Debt Interest
$30,000

Lender Information

Servicing Lender
Manufacturers and Traders Trust Company
Originating Lender
Manufacturers and Traders Trust Company

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