PPP Loan information for Quality air systems

$463,600

Quality air systems was initially approved for PPP Loan of amount $463,600, the current approved amount is $463,600. The loan was approved on 04/28/2020 by The Valley National Bank reported 32 jobs and $463,600 was used to fund payroll.

Quality air systems is Existing or more than 2 years old

QUALITY AIR SYSTEMS

Date Approved

04/28/2020

SBA Office Code

0459

Processing Method

PPP

Borrower Name

QUALITY AIR SYSTEMS

Borrower Address

3481 Main St

Borrower City

Millbrook

Borrower State

AL

Borrower Zip

36054

Loan Status Date

05/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

463600.00

Current Approval Amount

463600.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45120

Servicing Lender Name

Valley National Bank

Servicing Lender Address

615 Main Ave

Servicing Lender City

PASSAIC

Servicing Lender State

NJ

Servicing Lender Zip

07055-5066

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Millbrook

Project County Name

ELMORE

Project State

AL

Project Zip

36054-0001

CD

AL-02

Jobs Reported

32

NAICS Code

238220

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

463600.00

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

45120

Originating Lender

Valley National Bank

Originating Lender City

PASSAIC

Originating Lender State

NJ

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

467901.18

Forgiveness Date

04/06/2021

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