PPP Loan information for Qmg inc

$24,955

Qmg inc was initially approved for PPP Loan of amount $24,955, the current approved amount is $24,955. The loan was approved on 04/14/2020 by The State Bank & Trust Co. reported 4 jobs and $24,955 was used to fund payroll.

Qmg inc is New Business or 2 years or less

PPP Loan Search / IA / MARSHALLTOWN / Qmg inc

QMG INC

Date Approved

04/14/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

QMG INC

Borrower Address

10 N 3rd Avenue

Borrower City

MARSHALLTOWN

Borrower State

IA

Borrower Zip

50158-1814

Loan Status Date

12/15/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

24955.02

Current Approval Amount

24955.02

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25302

Servicing Lender Name

State Bank & Trust Co.

Servicing Lender Address

1025 6th St

Servicing Lender City

NEVADA

Servicing Lender State

IA

Servicing Lender Zip

50201-1825

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

MARSHALLTOWN

Project County Name

MARSHALL

Project State

IA

Project Zip

50158-1814

CD

IA-04

Jobs Reported

4

NAICS Code

811122

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1755.02

Payroll Proceed

20000.00

Mortgage Interest Proceed

0.00

Rent Proceed

3200.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25302

Originating Lender

State Bank & Trust Co.

Originating Lender City

NEVADA

Originating Lender State

IA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

25097.91

Forgiveness Date

11/19/2020

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