# PPP loan: THE IDEAL SUPPLY COMPANY
> **$809K** approved 04/27/2020 · Paid in Full · Loan `4750227205`
## Borrower
- **Name:** THE IDEAL SUPPLY COMPANY
- **Address:** 445 Communipaw Ave, Jersey City, NJ, 07304-3601
- **NAICS:** 423720
- **Business type:** Corporation
- **Business age:** New Business or 2 years or less
## Loan
- **Approval amount:** $809K
- **Initial approval:** $809K
- **Forgiven:** $816K (101%)
- **Forgiveness date:** 03/11/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $809K
- **Jobs reported:** 63
## Lender
- **Originating:** The Bancorp Bank National Association
- **Servicing:** The Bancorp Bank National Association (SD)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*