PPP borrower record
IDEAL ELECTRIC, INC. PPP loan record
Public SBA PPP loan record for IDEAL ELECTRIC, INC.. Review approval amount, forgiveness amount, lender fields, borrower location, and source limitations.
$2,139,900
Approved amount
$2,164,406
Forgiven amount
2020-04-13
Date approved
Borrower and loan details
Borrower
IDEAL ELECTRIC, INC.
Loan number
5675057108
Business type
Subchapter S Corporation
Business age
Existing or more than 2 years old
Borrower city
Livonia
Borrower state
Michigan
Borrower ZIP
48150
Jobs reported
207
Loan status
Exemption 4
Forgiveness date
2021-06-11
Servicing lender
Level One Bank
Originating lender
Level One Bank
Reported use of proceeds
Payroll
$2,139,900
Rent
N/A
Utilities
N/A
Mortgage interest
N/A
Health care
N/A
Debt interest
N/A
Location pages
Related directories
Source note
PPP Loan Map uses SBA public PPP records and Geocodio's geocoded PPP dataset for latitude, longitude, and Census geography. Map pins are geocoded estimates, not verified current business locations. Records are public administrative data, not legal findings.