PPP Loan information for Quality auto rebuilders inc

$409,100

Quality auto rebuilders inc was initially approved for PPP Loan of amount $409,100, the current approved amount is $409,100. The loan was approved on 04/04/2020 by The Farmers State Bank reported 27 jobs and $409,100 was used to fund payroll.

Quality auto rebuilders inc is Existing or more than 2 years old

PPP Loan Search / IA / MARION / Quality auto rebuilders inc

QUALITY AUTO REBUILDERS INC

Date Approved

04/04/2020

SBA Office Code

0736

Processing Method

PPP

Borrower Name

QUALITY AUTO REBUILDERS INC

Borrower Address

2201 7TH AVE

Borrower City

MARION

Borrower State

IA

Borrower Zip

52302-3663

Loan Status Date

03/11/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

409100.00

Current Approval Amount

409100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25235

Servicing Lender Name

Farmers State Bank

Servicing Lender Address

1240 8th Ave

Servicing Lender City

MARION

Servicing Lender State

IA

Servicing Lender Zip

52302-3504

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

MARION

Project County Name

LINN

Project State

IA

Project Zip

52302-3663

CD

IA-02

Jobs Reported

27

NAICS Code

811121

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

16364.00

Payroll Proceed

347735.00

Mortgage Interest Proceed

20455.00

Rent Proceed

24546.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

25235

Originating Lender

Farmers State Bank

Originating Lender City

MARION

Originating Lender State

IA

Gender

Female Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

412531.89

Forgiveness Date

02/11/2021

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