PPP Loan information for Quality rental tools, inc.

$287,800

Quality rental tools, inc. was initially approved for PPP Loan of amount $287,800, the current approved amount is $287,800. The loan was approved on 04/09/2020 by The Synergy Bank reported 19 jobs and $287,800 was used to fund payroll.

Quality rental tools, inc. is New Business or 2 years or less

PPP Loan Search / LA / HOUMA / Quality rental tools, inc.

QUALITY RENTAL TOOLS, INC.

Date Approved

04/09/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

QUALITY RENTAL TOOLS, INC.

Borrower Address

875 BLIMP RD

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70363-5429

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

287800.00

Current Approval Amount

287800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

123463

Servicing Lender Name

Synergy Bank

Servicing Lender Address

210 Synergy Center Blvd

Servicing Lender City

HOUMA

Servicing Lender State

LA

Servicing Lender Zip

70360-1768

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70363-5429

CD

LA-01

Jobs Reported

19

NAICS Code

213112

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

5645.90

Payroll Proceed

216734.42

Mortgage Interest Proceed

0.00

Rent Proceed

26742.46

Refinance EIDL Proceed

0.00

Health Care Proceed

19193.40

Debt Interest Proceed

19483.82

Business Type

Corporation

Originating Lender Location Id

123463

Originating Lender

Synergy Bank

Originating Lender City

HOUMA

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

290262.29

Forgiveness Date

02/18/2021

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