PPP Loan information for Qualanex, llc

$1,013,700

Qualanex, llc was initially approved for PPP Loan of amount $1,013,700, the current approved amount is $1,013,700. The loan was approved on 04/10/2020 by The Merchants and Manufacturers Bank reported 92 jobs and $1,013,700 was used to fund payroll.

Qualanex, llc is Existing or more than 2 years old

PPP Loan Search / IL / LIBERTYVILLE / Qualanex, llc

QUALANEX, LLC

Date Approved

04/10/2020

SBA Office Code

0507

Processing Method

PPP

Borrower Name

QUALANEX, LLC

Borrower Address

1410 HARRIS RD

Borrower City

LIBERTYVILLE

Borrower State

IL

Borrower Zip

60048-2435

Loan Status Date

08/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1013700.00

Current Approval Amount

1013700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21574

Servicing Lender Name

Merchants and Manufacturers Bank

Servicing Lender Address

801 S Briggs St

Servicing Lender City

JOLIET

Servicing Lender State

IL

Servicing Lender Zip

60433-9522

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

LIBERTYVILLE

Project County Name

LAKE

Project State

IL

Project Zip

60048-2435

CD

IL-10

Jobs Reported

92

NAICS Code

541990

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

5000.00

Payroll Proceed

833700.00

Mortgage Interest Proceed

0.00

Rent Proceed

75000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

100000.00

Debt Interest Proceed

0

Business Type

Limited Liability Company(LLC)

Originating Lender Location Id

21574

Originating Lender

Merchants and Manufacturers Bank

Originating Lender City

JOLIET

Originating Lender State

IL

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1026568.36

Forgiveness Date

07/22/2021

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