Ives Equipment Corporation

$695,735 PPP Loan in King of Prussia, Pennsylvania

Loan Details

Loan Number
8642747100
Date Approved
Apr 15, 2020
Loan Status
Paid in Full
Initial Approval
$695,735
Current Approval
$695,735
Forgiveness Amount
$699,395
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Ives Equipment Corporation
Address
601 Croton Road
ZIP Code
19406
Business Type
Subchapter S Corporation
Industry (NAICS)
Wholesale Trade (423840)
Business Age
Existing or more than 2 years old
Jobs Reported
41
Estimated Revenue
$12.6M
Rural/Urban
Urban
Congressional District
PA-04

Loan Use Breakdown

Payroll
$573,931
Rent
$64,852
Health Care
$56,952

Lender Information

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

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