PPP Loan information for Qnergy, inc.

$643,485

Qnergy, inc. was initially approved for PPP Loan of amount $643,485, the current approved amount is $643,485. The loan was approved on 04/08/2020 by The Cache Valley Bank reported 43 jobs and $643,485 was used to fund payroll.

Qnergy, inc. is Existing or more than 2 years old

PPP Loan Search / UT / OGDEN / Qnergy, inc.

QNERGY, INC.

Date Approved

04/08/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

QNERGY, INC.

Borrower Address

300 W 12TH ST

Borrower City

OGDEN

Borrower State

UT

Borrower Zip

84404-5505

Loan Status Date

06/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

643485.00

Current Approval Amount

643485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

OGDEN

Project County Name

WEBER

Project State

UT

Project Zip

84404-5505

CD

UT-01

Jobs Reported

43

NAICS Code

333611

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

19300.00

Payroll Proceed

579185.00

Mortgage Interest Proceed

24000.00

Rent Proceed

21000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

650491.84

Forgiveness Date

05/13/2021

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