Idl Communications & Electric, Inc.

$2,604,200 PPP Loan in Brooklyn, New York

Loan Details

Loan Number
5828277106
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$2,604,200
Current Approval
$2,604,200
Forgiveness Amount
$2,633,809
Forgiveness Date
Jun 11, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Idl Communications & Electric, Inc.
Address
850 Third Avenue Suite 408
ZIP Code
11232-1513
Business Type
Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$28.0M
Rural/Urban
Urban
Congressional District
NY-10

Loan Use Breakdown

Payroll
$1,120,000
Rent
$46,944
Utilities
$800
Health Care
$1,436,456

Lender Information

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

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