As part of the Paycheck Protection Program IDEAL FASTENER CORPORATION was approved for a loan.

The Paycheck Protection Program (PPP) incentivized business owners to continue paying their workers during the pandemic. In late December 2020, a new PPP bill authorized additional funding for the program.

IDEAL FASTENER CORPORATION


Loan Amount	$1,615,000
BusinessName	IDEAL FASTENER CORPORATION
Address	603 W INDUSTRY DR
City	OXFORD
State	NC
Zip	27565
NAICSCode	315990
BusinessType	Corporation
RaceEthnicity	Unanswered
Gender	Unanswered
Veteran	Unanswered
NonProfit
JobsReported	140
DateApproved	04/14/2020
Lender	Truist Bank d/b/a Branch Banking & Trust Co
CD	NC-01
BusinessName.clean	IDEAL FASTENER

Data Sources

The data come from a release of over 5 million records by the SBA in November, 2020.

Who Could Apply?

Entities affected by Coronavirus (COVID-19) may have been eligible, including:

Small businesses that met SBA’s size standards
Sole proprietors, independent contractors, and self-employed persons

More info about the PPP is available from the Small Business Administration.

Other Organizations with PPP Loans

ALL VALLEY HOME HEALTH CARE AND NURSING
IDEAL HEATING AIR CONDITIONING AND REFRIGERATION
IDEAL HOME CARE
IDEAL HOME HEALTH
IDEAL HOMECARE AGENCY