PPP Loan information for Quality machine company

$549,280

Quality machine company was initially approved for PPP Loan of amount $565,900, the current approved amount is $549,280. The loan was approved on 04/10/2020 by The Truist Bank reported 34 jobs and $549,280 was used to fund payroll.

Quality machine company is Existing or more than 2 years old

PPP Loan Search / WV / BRIDGEPORT / Quality machine company

QUALITY MACHINE COMPANY

Date Approved

04/10/2020

SBA Office Code

0390

Processing Method

PPP

Borrower Name

QUALITY MACHINE COMPANY

Borrower Address

63 Quality Lane

Borrower City

BRIDGEPORT

Borrower State

WV

Borrower Zip

26330-0878

Loan Status Date

06/17/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

565900.00

Current Approval Amount

549280.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRIDGEPORT

Project County Name

HARRISON

Project State

WV

Project Zip

26330-0878

CD

WV-02

Jobs Reported

34

NAICS Code

811310

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

549280.00

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

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

555306.82

Forgiveness Date

05/25/2021

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