PPP Loan information for Quality heating & cooling inc

$441,000

Quality heating & cooling inc was initially approved for PPP Loan of amount $446,200, the current approved amount is $441,000. The loan was approved on 03/24/2021 by The Newtek Small Business Finance, Inc. reported 39 jobs and $441,000 was used to fund payroll.

Quality heating & cooling inc is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Quality heating & cooling inc

QUALITY HEATING & COOLING INC

Date Approved

03/24/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

QUALITY HEATING & COOLING INC

Borrower Address

38291 Schoolcraft Rd

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1029

Loan Status Date

08/10/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

446200.00

Current Approval Amount

441000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

317954

Servicing Lender Name

Newtek Small Business Finance, Inc.

Servicing Lender Address

1981 Marcus Avenue

Servicing Lender City

LAKE SUCCESS

Servicing Lender State

NY

Servicing Lender Zip

11042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1029

CD

MI-12

Jobs Reported

39

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

441000.00

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

317954

Originating Lender

Newtek Small Business Finance, Inc.

Originating Lender City

LAKE SUCCESS

Originating Lender State

NY

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

445924.50

Forgiveness Date

07/05/2022

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