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
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
Business Age Description
Unanswered
Project City
Project County Name
OAKLAND
Project State
Project Zip
CD
MI-11
Jobs Reported
116
NAICS Code
423610
Race
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
1217459.59
Forgiveness Date
12/17/2020