PPP Loan information for Quality equipments inc

$270,100

Quality equipments inc was initially approved for PPP Loan of amount $270,100, the current approved amount is $270,100. The loan was approved on 04/08/2020 by The Banco Popular de Puerto Rico reported 28 jobs and $270,100 was used to fund payroll.

Quality equipments inc is Existing or more than 2 years old

QUALITY EQUIPMENTS INC

Date Approved

04/08/2020

SBA Office Code

0252

Processing Method

PPP

Borrower Name

QUALITY EQUIPMENTS INC

Borrower Address

872 Carr Km .8 Rio Plantation

Borrower City

BAYAMON

Borrower State

PR

Borrower Zip

00961

Loan Status Date

09/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

270100.00

Current Approval Amount

270100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123840

Servicing Lender Name

Banco Popular de Puerto Rico

Servicing Lender Address

209 Avenida Luis Mu<td,n>oz Rivera

Servicing Lender City

SAN JUAN

Servicing Lender State

PR

Servicing Lender Zip

00918

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BAYAMON

Project County Name

BAYAMON

Project State

PR

Project Zip

00961-2900

CD

PR-

Jobs Reported

28

NAICS Code

532412

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

7555.00

Payroll Proceed

235545.00

Mortgage Interest Proceed

0.00

Rent Proceed

27000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

123840

Originating Lender

Banco Popular de Puerto Rico

Originating Lender City

SAN JUAN

Originating Lender State

PR

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

271743.11

Forgiveness Date

11/19/2020

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