PPP Loan information for Quality tool & gear, inc.

$357,097

Quality tool & gear, inc. was initially approved for PPP Loan of amount $357,097, the current approved amount is $357,097. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 35 jobs and $357,097 was used to fund payroll.

Quality tool & gear, inc. is Existing or more than 2 years old

PPP Loan Search / MI / Redford / Quality tool & gear, inc.

QUALITY TOOL & GEAR, INC.

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY TOOL & GEAR, INC.

Borrower Address

12693 Marlin Drive

Borrower City

Redford

Borrower State

MI

Borrower Zip

48239

Loan Status Date

05/20/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

357097.00

Current Approval Amount

357097.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Redford

Project County Name

WAYNE

Project State

MI

Project Zip

48239-0001

CD

MI-12

Jobs Reported

35

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

17097.00

Payroll Proceed

260000.00

Mortgage Interest Proceed

0.00

Rent Proceed

34000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

46000.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

360411.85

Forgiveness Date

04/08/2021

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