PPP Loan information for Quality electric co inc

$114,800

Quality electric co inc was initially approved for PPP Loan of amount $114,800, the current approved amount is $114,800. The loan was approved on 04/15/2020 by The PNC Bank, National Association reported 10 jobs and $114,800 was used to fund payroll.

Quality electric co inc is Existing or more than 2 years old

PPP Loan Search / NC / DURHAM / Quality electric co inc

QUALITY ELECTRIC CO INC

Date Approved

04/15/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

QUALITY ELECTRIC CO INC

Borrower Address

3033 HOLLOWAY ST

Borrower City

DURHAM

Borrower State

NC

Borrower Zip

27703-3417

Loan Status Date

11/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

114800.00

Current Approval Amount

114800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

44449

Servicing Lender Name

PNC Bank, National Association

Servicing Lender Address

222 Delaware Ave

Servicing Lender City

WILMINGTON

Servicing Lender State

DE

Servicing Lender Zip

19801-1621

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

DURHAM

Project County Name

DURHAM

Project State

NC

Project Zip

27703-3417

CD

NC-04

Jobs Reported

10

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

114800.00

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

44449

Originating Lender

PNC Bank, National Association

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

99296.47

Forgiveness Date

08/11/2021

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