PPP Loan information for Quach brothers inc.

$60,163

Quach brothers inc. was initially approved for PPP Loan of amount $60,163, the current approved amount is $60,163. The loan was approved on 03/27/2021 by The Truist Bank reported 16 jobs and $60,163 was used to fund payroll.

Quach brothers inc. is Existing or more than 2 years old

PPP Loan Search / MD / Salisbury / Quach brothers inc.

QUACH BROTHERS INC.

Date Approved

03/27/2021

SBA Office Code

0373

Processing Method

PPP

Borrower Name

QUACH BROTHERS INC.

Borrower Address

418 N Fruitland Blvd

Borrower City

Salisbury

Borrower State

MD

Borrower Zip

21801-7261

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

60162.50

Current Approval Amount

60162.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

225134

Servicing Lender Name

Truist Bank

Servicing Lender Address

214 N Tryon St

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-1078

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Salisbury

Project County Name

WICOMICO

Project State

MD

Project Zip

21801-7261

CD

MD-01

Jobs Reported

16

NAICS Code

722511

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

60159.50

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

225134

Originating Lender

Truist Bank

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

60707.30

Forgiveness Date

02/22/2022

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