PPP Loan information for Quality electric motor service inc

$56,161

Quality electric motor service inc was initially approved for PPP Loan of amount $56,161, the current approved amount is $56,161. The loan was approved on 05/05/2020 by The Bank of America, National Association reported 3 jobs and $56,161 was used to fund payroll.

Quality electric motor service inc is Existing or more than 2 years old

PPP Loan Search / NJ / EAST BRUNSWICK / Quality electric motor service inc

QUALITY ELECTRIC MOTOR SERVICE INC

Date Approved

05/05/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

QUALITY ELECTRIC MOTOR SERVICE INC

Borrower Address

396 STATE ROUTE 18

Borrower City

EAST BRUNSWICK

Borrower State

NJ

Borrower Zip

08816-2303

Loan Status Date

02/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

56161.00

Current Approval Amount

56161.00

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

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EAST BRUNSWICK

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

08816-2303

CD

NJ-12

Jobs Reported

3

NAICS Code

453998

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

56161.00

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

Corporation

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

56562.59

Forgiveness Date

01/25/2021

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