PPP Loan information for Quality tools & services inc.

$402,247

Quality tools & services inc. was initially approved for PPP Loan of amount $402,247, the current approved amount is $402,247. The loan was approved on 04/07/2020 by The The First Bank reported 30 jobs and $402,247 was used to fund payroll.

Quality tools & services inc. is Existing or more than 2 years old

QUALITY TOOLS & SERVICES INC.

Date Approved

04/07/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

QUALITY TOOLS & SERVICES INC.

Borrower Address

16051 LAMONTE DR

Borrower City

HAMMOND

Borrower State

LA

Borrower Zip

70403-1405

Loan Status Date

05/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

402247.00

Current Approval Amount

402247.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

120708

Servicing Lender Name

The First Bank

Servicing Lender Address

6480 Hwy 98, West

Servicing Lender City

HATTIESBURG

Servicing Lender State

MS

Servicing Lender Zip

39402

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HAMMOND

Project County Name

TANGIPAHOA

Project State

LA

Project Zip

70403-1405

CD

LA-05

Jobs Reported

30

NAICS Code

333514

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

33545.00

Payroll Proceed

321797.95

Mortgage Interest Proceed

0.00

Rent Proceed

26770.00

Refinance EIDL Proceed

0.00

Health Care Proceed

20134.05

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

120708

Originating Lender

The First Bank

Originating Lender City

HATTIESBURG

Originating Lender State

MS

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

406325.34

Forgiveness Date

04/19/2021

;