Ideal Contracting L.l.c.
$10,000,000 PPP Loan in Detroit, Michigan
Loan Details
- Loan Number
- 5621627009
- Date Approved
- Apr 6, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $10,000,000
- Current Approval
- $10,000,000
- Forgiveness Amount
- $10,110,959
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ideal Contracting L.l.c.
- Address
- 2525 Clark St
- City
- Detroit
- State
- Michigan
- ZIP Code
- 48209-1337
- Business Type
- Limited Liability Company(llc)
- Industry (NAICS)
- Construction (236220)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 417
- Estimated Revenue
- $475.1M
- Rural/Urban
- Urban
- Congressional District
- MI-13
Loan Use Breakdown
- Payroll
- $10,000,000
Lender Information
- Servicing Lender
- The Huntington National Bank
- Originating Lender
- The Huntington National Bank
Other PPP Loans in Detroit, MI
| Business | Approved | |
|---|---|---|
| Crain Communications Inc. | $10,000,000 | |
| Midwest Steel, INC | $10,000,000 | |
| Detroit Manufacturing Systems, LLC | $10,000,000 | |
| Samaritas | $9,762,322 | |
| Motor City Electric Co. | $9,560,700 |
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