Ideal Concrete Block Co

$1,000,000 PPP Loan in Westford, Massachusetts

Loan Details

Loan Number
5245407008
Date Approved
Apr 5, 2020
Loan Status
Paid in Full
Initial Approval
$1,000,000
Current Approval
$1,000,000
Forgiveness Amount
$1,006,556
Forgiveness Date
Dec 8, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Concrete Block Co
Address
45 Powers Rd
ZIP Code
01886-4111
Business Type
Corporation
Industry (NAICS)
Manufacturing (327320)
Business Age
Existing or more than 2 years old
Jobs Reported
55
Estimated Revenue
$54.6M
Rural/Urban
Urban
Congressional District
MA-03

Loan Use Breakdown

Payroll
$750,000
Utilities
$65,000
Health Care
$125,000
Mortgage Interest
$60,000

Lender Information

Servicing Lender
Enterprise Bank and Trust Company
Originating Lender
Enterprise Bank and Trust Company

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