PPP Loan information for Quantum electric corp.

$1,806,468

Quantum electric corp. was initially approved for PPP Loan of amount $1,806,468, the current approved amount is $1,806,468. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 45 jobs and $1,806,468 was used to fund payroll.

Quantum electric corp. is Existing or more than 2 years old

QUANTUM ELECTRIC CORP.

Date Approved

05/01/2020

SBA Office Code

0202

Processing Method

PPP

Borrower Name

QUANTUM ELECTRIC CORP.

Borrower Address

36 24 34 ST

Borrower City

LONG ISLAND CITY

Borrower State

NY

Borrower Zip

11106

Loan Status Date

06/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1806468.00

Current Approval Amount

1806467.50

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

LONG ISLAND CITY

Project County Name

QUEENS

Project State

NY

Project Zip

11106-0001

CD

NY-14

Jobs Reported

45

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

6233.00

Payroll Proceed

1742829.00

Mortgage Interest Proceed

0.00

Rent Proceed

52083.00

Refinance EIDL Proceed

0.00

Health Care Proceed

5322.50

Debt Interest Proceed

0

Business Type

Subchapter S 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

1825351.11

Forgiveness Date

05/21/2021

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