PPP Loan information for Qostronics inc

$600,000

Qostronics inc was initially approved for PPP Loan of amount $600,000, the current approved amount is $600,000. The loan was approved on 04/15/2020 by The U.S. Bank, National Association reported 50 jobs and $600,000 was used to fund payroll.

Qostronics inc is Existing or more than 2 years old

PPP Loan Search / CA / SAN JOSE / Qostronics inc

QOSTRONICS INC

Date Approved

04/15/2020

SBA Office Code

0912

Processing Method

PPP

Borrower Name

QOSTRONICS INC

Borrower Address

2044 CORPORATE CT

Borrower City

SAN JOSE

Borrower State

CA

Borrower Zip

95131

Loan Status Date

02/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

600000.00

Current Approval Amount

600000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SAN JOSE

Project County Name

SANTA CLARA

Project State

CA

Project Zip

95131-1000

CD

CA-17

Jobs Reported

50

NAICS Code

334419

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

600000.00

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

Subchapter S Corporation

Originating Lender Location Id

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

604350.00

Forgiveness Date

01/07/2021

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