PPP Loan information for Quality motors of independence inc

$284,186

Quality motors of independence inc was initially approved for PPP Loan of amount $284,186, the current approved amount is $284,186. The loan was approved on 01/21/2021 by The Commercial Bank reported 31 jobs and $284,186 was used to fund payroll.

Quality motors of independence inc is Existing or more than 2 years old

QUALITY MOTORS OF INDEPENDENCE INC

Date Approved

01/21/2021

SBA Office Code

0709

Processing Method

PPS

Borrower Name

QUALITY MOTORS OF INDEPENDENCE INC

Borrower Address

2022 W Main St

Borrower City

Independence

Borrower State

KS

Borrower Zip

67301-8412

Loan Status Date

02/16/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

284186.00

Current Approval Amount

284186.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

26331

Servicing Lender Name

Commercial Bank

Servicing Lender Address

1901 Main St

Servicing Lender City

PARSONS

Servicing Lender State

KS

Servicing Lender Zip

67357-3336

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Independence

Project County Name

MONTGOMERY

Project State

KS

Project Zip

67301-8412

CD

KS-02

Jobs Reported

31

NAICS Code

441110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

284186.00

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

26331

Originating Lender

Commercial Bank

Originating Lender City

PARSONS

Originating Lender State

KS

Gender

Unanswered

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

287059.44

Forgiveness Date

01/25/2022

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