Ideal Fastener Corporation

$1,615,000 PPP Loan in Oxford, North Carolina

Loan Details

Loan Number
6216087101
Date Approved
Apr 14, 2020
Loan Status
Paid in Full
Initial Approval
$1,615,000
Current Approval
$1,615,000
Forgiveness Amount
$1,629,445
Forgiveness Date
Mar 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Fastener Corporation
Address
603 W Industry Dr
City
Oxford
ZIP Code
27565-3593
Business Type
Corporation
Industry (NAICS)
Manufacturing (315990)
Business Age
Existing or more than 2 years old
Jobs Reported
140
Estimated Revenue
$49.4M
Rural/Urban
Rural
Congressional District
NC-04

Loan Use Breakdown

Payroll
$1,615,000

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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