PPP Loan information for Quality distributors inc.

$25,640

Quality distributors inc. was initially approved for PPP Loan of amount $25,640, the current approved amount is $25,640. The loan was approved on 02/14/2021 by The Readlyn Savings Bank reported 2 jobs and $25,640 was used to fund payroll.

Quality distributors inc. is Existing or more than 2 years old

PPP Loan Search / IA / Readlyn / Quality distributors inc.

QUALITY DISTRIBUTORS INC.

Date Approved

02/14/2021

SBA Office Code

0736

Processing Method

PPP

Borrower Name

QUALITY DISTRIBUTORS INC.

Borrower Address

101 Main St

Borrower City

Readlyn

Borrower State

IA

Borrower Zip

50668-7732

Loan Status Date

02/08/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

25640.00

Current Approval Amount

25640.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25403

Servicing Lender Name

Readlyn Savings Bank

Servicing Lender Address

141 Main St

Servicing Lender City

READLYN

Servicing Lender State

IA

Servicing Lender Zip

50668

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Readlyn

Project County Name

BREMER

Project State

IA

Project Zip

50668-7732

CD

IA-02

Jobs Reported

2

NAICS Code

115112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

25634.00

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

25403

Originating Lender

Readlyn Savings Bank

Originating Lender City

READLYN

Originating Lender State

IA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

25748.26

Forgiveness Date

07/21/2021

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