# PPP loan: IDEAL CONSTRUCTION COMPANY OF NORTHERN INDIANA, INC.
> **$163K** approved 04/07/2020 · Paid in Full · Loan `6725187007`
## Borrower
- **Name:** IDEAL CONSTRUCTION COMPANY OF NORTHERN INDIANA, INC.
- **Address:** 2208 N 500 W, WARSAW, IN, 46580-6527
- **NAICS:** 236220
- **Business type:** Subchapter S Corporation
- **Business age:** Existing or more than 2 years old
## Loan
- **Approval amount:** $163K
- **Initial approval:** $163K
- **Forgiven:** $164K (101%)
- **Forgiveness date:** 12/10/2020
- **Status:** Paid in Full
- **Term:** 24 months
## Use of funds
- **Payroll:** $153K
- **Rent:** $4K
- **Mortgage interest:** $317.32
- **Utilities:** $3K
- **Debt interest:** $3K
- **Jobs reported:** 16
## Lender
- **Originating:** Lake City Bank
- **Servicing:** Lake City Bank (IN)
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*Source: [SBA PPP Data](https://data.sba.gov/dataset/ppp-foia) · AI Analytics · CC0 1.0*