# PPP loan: IDEAL MANUFACTURING, INC
> **$892K** approved 04/13/2020 · Paid in Full · Loan `5206947101`
## Borrower
- **Name:** IDEAL MANUFACTURING, INC
- **Address:** 80 Bluff Drive, EAST ROCHESTER, NY, 14445-1300
- **NAICS:** 332312
- **Business type:** Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $892K
- **Initial approval:** $892K
- **Forgiven:** $904K (101%)
- **Forgiveness date:** 08/26/2021
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $732K
- **Rent:** $80K
- **Utilities:** $20K
- **Health care:** $30K
- **Debt interest:** $30K
- **Jobs reported:** 75
## Lender
- **Originating:** Manufacturers and Traders Trust Company
- **Servicing:** Manufacturers and Traders Trust Company (NY)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*