PPP Loan information for Quality automotive services, inc.

$998,690

Quality automotive services, inc. was initially approved for PPP Loan of amount $998,690, the current approved amount is $998,690. The loan was approved on 04/08/2020 by The First Horizon Bank reported 185 jobs and $998,690 was used to fund payroll.

Quality automotive services, inc. is Existing or more than 2 years old

PPP Loan Search / NC / CHARLOTTE / Quality automotive services, inc.

QUALITY AUTOMOTIVE SERVICES, INC.

Date Approved

04/08/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

QUALITY AUTOMOTIVE SERVICES, INC.

Borrower Address

8000 TOWER POINT DR

Borrower City

CHARLOTTE

Borrower State

NC

Borrower Zip

28227-7726

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

998690.00

Current Approval Amount

998690.00

Undisbursed Amount

0.00

Franchise Name

Valvoline Instant Oil Change

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHARLOTTE

Project County Name

MECKLENBURG

Project State

NC

Project Zip

28227-7726

CD

NC-14

Jobs Reported

185

NAICS Code

811191

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

25000.00

Payroll Proceed

800190.00

Mortgage Interest Proceed

100000.00

Rent Proceed

73000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1008122.07

Forgiveness Date

03/31/2021

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