PPP Loan information for Quality equipment, inc.

$44,921

Quality equipment, inc. was initially approved for PPP Loan of amount $44,921, the current approved amount is $44,921. The loan was approved on 04/14/2020 by The Wayland State Bank reported 8 jobs and $44,921 was used to fund payroll.

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

PPP Loan Search / IA / MOUNT PLEASANT / Quality equipment, inc.

QUALITY EQUIPMENT, INC.

Date Approved

04/14/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

QUALITY EQUIPMENT, INC.

Borrower Address

1415 WEST WASHINGTON ST

Borrower City

MOUNT PLEASANT

Borrower State

IA

Borrower Zip

52641-3005

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

44920.87

Current Approval Amount

44920.87

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25565

Servicing Lender Name

Wayland State Bank

Servicing Lender Address

301 S Main

Servicing Lender City

MOUNT PLEASANT

Servicing Lender State

IA

Servicing Lender Zip

52641-2226

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MOUNT PLEASANT

Project County Name

HENRY

Project State

IA

Project Zip

52641-3005

CD

IA-01

Jobs Reported

8

NAICS Code

532490

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

44920.87

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

25565

Originating Lender

Wayland State Bank

Originating Lender City

MOUNT PLEASANT

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

45156.70

Forgiveness Date

10/29/2020

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