Ideal Transport INC

$474,600 PPP Loan in Conover, North Carolina

Loan Details

Loan Number
8302267004
Date Approved
Apr 8, 2020
Loan Status
Paid in Full
Initial Approval
$474,600
Current Approval
$502,884
Forgiveness Amount
$506,047
Forgiveness Date
Feb 16, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Ideal Transport INC
Address
1515 4th St SW
ZIP Code
28613-9355
Business Type
Subchapter S Corporation
Industry (NAICS)
Transportation and Warehousing (484121)
Business Age
Existing or more than 2 years old
Jobs Reported
50
Estimated Revenue
$10.1M
Rural/Urban
Rural
Congressional District
NC-10

Loan Use Breakdown

Payroll
$502,884

Lender Information

Servicing Lender
Truist Bank
Originating Lender
Truist Bank

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