PPP Loan information for Qmerit inc

$692,363

Qmerit inc was initially approved for PPP Loan of amount $692,363, the current approved amount is $692,363. The loan was approved on 04/15/2020 by The Farmers & Merchants Bank of Long Beach reported 31 jobs and $692,363 was used to fund payroll.

Qmerit inc is Existing or more than 2 years old

PPP Loan Search / CA / IRVINE / Qmerit inc

QMERIT INC

Date Approved

04/15/2020

SBA Office Code

0920

Processing Method

PPP

Borrower Name

QMERIT INC

Borrower Address

111 PACIFICA STE 200

Borrower City

IRVINE

Borrower State

CA

Borrower Zip

92618-7425

Loan Status Date

01/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

692363.00

Current Approval Amount

692363.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

5479

Servicing Lender Name

Farmers & Merchants Bank of Long Beach

Servicing Lender Address

302 Pine Ave

Servicing Lender City

LONG BEACH

Servicing Lender State

CA

Servicing Lender Zip

90802-2326

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

IRVINE

Project County Name

ORANGE

Project State

CA

Project Zip

92618-7425

CD

CA-47

Jobs Reported

31

NAICS Code

334614

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

692363.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

5479

Originating Lender

Farmers & Merchants Bank of Long Beach

Originating Lender City

LONG BEACH

Originating Lender State

CA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

696991.40

Forgiveness Date

12/22/2020

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