Ideal Electric, Inc.
$2,139,900 PPP Loan in Livonia, Michigan
Loan Details
- Loan Number
- 5675057108
- Date Approved
- Apr 13, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $2,139,900
- Current Approval
- $2,139,900
- Forgiveness Amount
- $2,164,406
- Forgiveness Date
- Jun 11, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Ideal Electric, Inc.
- Address
- 12856 Farmington Road
- City
- Livonia
- State
- Michigan
- ZIP Code
- 48150-1603
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Construction (238210)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 207
- Estimated Revenue
- $68.1M
- Rural/Urban
- Urban
- Congressional District
- MI-12
Loan Use Breakdown
- Payroll
- $2,139,900
Lender Information
- Servicing Lender
- First Merchants Bank
- Originating Lender
- First Merchants Bank
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