PPP Loan information for Quality plus manufacturing inc

$199,980

Quality plus manufacturing inc was initially approved for PPP Loan of amount $199,980, the current approved amount is $199,980. The loan was approved on 02/22/2021 by The BankIowa reported 22 jobs and $199,980 was used to fund payroll.

Quality plus manufacturing inc is Existing or more than 2 years old

QUALITY PLUS MANUFACTURING INC

Date Approved

02/22/2021

SBA Office Code

0736

Processing Method

PPS

Borrower Name

QUALITY PLUS MANUFACTURING INC

Borrower Address

1007 Industrial Park Rd

Borrower City

Oelwein

Borrower State

IA

Borrower Zip

50662-8000

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

199980.00

Current Approval Amount

199980.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25325

Servicing Lender Name

BankIowa

Servicing Lender Address

7045 C Ave NE

Servicing Lender City

CEDAR RAPIDS

Servicing Lender State

IA

Servicing Lender Zip

52402-1378

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Oelwein

Project County Name

FAYETTE

Project State

IA

Project Zip

50662-8000

CD

IA-02

Jobs Reported

22

NAICS Code

333111

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

199975.00

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

25325

Originating Lender

BankIowa

Originating Lender City

CEDAR RAPIDS

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

201563.17

Forgiveness Date

12/09/2021

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