PPP Loan information for Quality air services inc

$810,148

Quality air services inc was initially approved for PPP Loan of amount $810,148, the current approved amount is $810,148. The loan was approved on 04/07/2020 by The Mercantile Bank reported 40 jobs and $810,148 was used to fund payroll.

Quality air services inc is New Business or 2 years or less

QUALITY AIR SERVICES INC

Date Approved

04/07/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY AIR SERVICES INC

Borrower Address

6701 Quality WayQUALITY WAY

Borrower City

PORTAGE

Borrower State

MI

Borrower Zip

49002-9778

Loan Status Date

01/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

810148.00

Current Approval Amount

810148.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

122287

Servicing Lender Name

Mercantile Bank

Servicing Lender Address

310 Leonard St NW

Servicing Lender City

GRAND RAPIDS

Servicing Lender State

MI

Servicing Lender Zip

49504-4224

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

PORTAGE

Project County Name

KALAMAZOO

Project State

MI

Project Zip

49002-9778

CD

MI-06

Jobs Reported

40

NAICS Code

423830

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

10943.00

Payroll Proceed

678329.00

Mortgage Interest Proceed

0.00

Rent Proceed

29664.00

Refinance EIDL Proceed

0.00

Health Care Proceed

91212.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

122287

Originating Lender

Mercantile Bank

Originating Lender City

GRAND RAPIDS

Originating Lender State

MI

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

815941.11

Forgiveness Date

12/31/2020

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