PPP Loan information for Quality mechanical group, inc

$175,000

Quality mechanical group, inc was initially approved for PPP Loan of amount $175,000, the current approved amount is $175,000. The loan was approved on 04/10/2020 by The Mountain Valley Bank reported 15 jobs and $175,000 was used to fund payroll.

Quality mechanical group, inc is Existing or more than 2 years old

PPP Loan Search / TN / Soddy Daisy / Quality mechanical group, inc

QUALITY MECHANICAL GROUP, INC

Date Approved

04/10/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

QUALITY MECHANICAL GROUP, INC

Borrower Address

431 Graham Road

Borrower City

Soddy Daisy

Borrower State

TN

Borrower Zip

37379

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

175000.00

Current Approval Amount

175000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66942

Servicing Lender Name

Mountain Valley Bank

Servicing Lender Address

17114 Rankin Ave

Servicing Lender City

DUNLAP

Servicing Lender State

TN

Servicing Lender Zip

37327-7032

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Soddy Daisy

Project County Name

HAMILTON

Project State

TN

Project Zip

37379-0002

CD

TN-03

Jobs Reported

15

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

5000.00

Payroll Proceed

170000.00

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

66942

Originating Lender

Mountain Valley Bank

Originating Lender City

DUNLAP

Originating Lender State

TN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

176332.88

Forgiveness Date

01/20/2021

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