PPP Loan information for Quadratec inc

$1,999,300

Quadratec inc was initially approved for PPP Loan of amount $1,999,300, the current approved amount is $1,999,300. The loan was approved on 04/07/2020 by The Loan Source Incorporated reported 154 jobs and $1,999,300 was used to fund payroll.

Quadratec inc is Existing or more than 2 years old

QUADRATEC INC

Date Approved

04/07/2020

SBA Office Code

0303

Processing Method

PPP

Borrower Name

QUADRATEC INC

Borrower Address

1028 Saunders Lane

Borrower City

WEST CHESTER

Borrower State

PA

Borrower Zip

19380-4218

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1999300.00

Current Approval Amount

1999300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WEST CHESTER

Project County Name

CHESTER

Project State

PA

Project Zip

19380-4218

CD

PA-06

Jobs Reported

154

NAICS Code

423120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1999300.00

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

16710

Originating Lender

Wilmington Savings Fund Society, FSB

Originating Lender City

WILMINGTON

Originating Lender State

DE

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2018307.04

Forgiveness Date

03/31/2021

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