Ideal Chemical and Supply Co

$1,382,300 PPP Loan in Memphis, Tennessee

Loan Details

Loan Number
7762237002
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$1,382,300
Current Approval
$1,382,300
Forgiveness Amount
$1,396,661
Forgiveness Date
Apr 23, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Chemical and Supply Co
Address
4025 Air Park St
ZIP Code
38118-6007
Business Type
Corporation
Industry (NAICS)
Wholesale Trade (424690)
Business Age
Existing or more than 2 years old
Jobs Reported
97
Estimated Revenue
$25.0M
Rural/Urban
Urban
Congressional District
TN-09

Loan Use Breakdown

Payroll
$1,382,300

Lender Information

Servicing Lender
First Horizon Bank
Originating Lender
Iberiabank, a Division of First Horizon Bank

Other PPP Loans in Memphis, TN

BusinessApproved
Wendelta, INC$10,000,000NewBizBotAI Deep Dive
Eastport Holdings LLC$10,000,000NewBizBotAI Deep Dive
Mimeo.com, INC$6,798,036NewBizBotAI Deep Dive
Building Plastics INC$6,184,037NewBizBotAI Deep Dive
Ensafe Inc.$5,882,393NewBizBotAI Deep Dive

Want to research this company further?

Try NewBizBot free