PPP Loan information for Quad electronics inc

$1,209,375

Quad electronics inc was initially approved for PPP Loan of amount $1,209,375, the current approved amount is $1,209,375. The loan was approved on 04/15/2020 by The Bank of America, National Association reported 116 jobs and $1,209,375 was used to fund payroll.

Quad electronics inc is Unanswered

QUAD ELECTRONICS INC

Date Approved

04/15/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUAD ELECTRONICS INC

Borrower Address

359 ROBBINS DR

Borrower City

TROY

Borrower State

MI

Borrower Zip

48083-4561

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1209375.00

Current Approval Amount

1209375.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

TROY

Project County Name

OAKLAND

Project State

MI

Project Zip

48083-4561

CD

MI-11

Jobs Reported

116

NAICS Code

423610

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1209375.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1217459.59

Forgiveness Date

12/17/2020

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