PPP Loan information for Quality machine company inc.

$455,503

Quality machine company inc. was initially approved for PPP Loan of amount $455,503, the current approved amount is $455,503. The loan was approved on 02/20/2021 by The Truist Bank reported 30 jobs and $455,503 was used to fund payroll.

Quality machine company inc. is Existing or more than 2 years old

PPP Loan Search / WV / Bridgeport / Quality machine company inc.

QUALITY MACHINE COMPANY INC.

Date Approved

02/20/2021

SBA Office Code

0390

Processing Method

PPS

Borrower Name

QUALITY MACHINE COMPANY INC.

Borrower Address

63 Quality Lane

Borrower City

Bridgeport

Borrower State

WV

Borrower Zip

26330

Loan Status Date

05/18/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

455502.50

Current Approval Amount

455502.50

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

CD

WV-01

Jobs Reported

30

NAICS Code

339999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

455499.50

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

460487.72

Forgiveness Date

04/14/2022

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