PPP Loan information for Quality coatings inc

$128,700

Quality coatings inc was initially approved for PPP Loan of amount $128,700, the current approved amount is $128,700. The loan was approved on 01/30/2021 by The Farmers State Bank of Alto Pass, Illinois reported 11 jobs and $128,700 was used to fund payroll.

Quality coatings inc is Existing or more than 2 years old

QUALITY COATINGS INC

Date Approved

01/30/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

QUALITY COATINGS INC

Borrower Address

1700 N State St

Borrower City

Chandler

Borrower State

IN

Borrower Zip

47610-9738

Loan Status Date

11/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

128700.00

Current Approval Amount

128700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

20214

Servicing Lender Name

Farmers State Bank of Alto Pass, Illinois

Servicing Lender Address

55 N Elm St

Servicing Lender City

ALTO PASS

Servicing Lender State

IL

Servicing Lender Zip

62905-2034

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Chandler

Project County Name

WARRICK

Project State

IN

Project Zip

47610-9738

CD

IN-08

Jobs Reported

11

NAICS Code

325510

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

128695.00

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

Corporation

Originating Lender Location Id

20214

Originating Lender

Farmers State Bank of Alto Pass, Illinois

Originating Lender City

ALTO PASS

Originating Lender State

IL

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

129602.66

Forgiveness Date

10/20/2021

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