PPP Loan information for Quality coils inc

$1,313,500

Quality coils inc was initially approved for PPP Loan of amount $1,313,500, the current approved amount is $1,313,500. The loan was approved on 04/09/2020 by The Thomaston Savings Bank reported 141 jobs and $1,313,500 was used to fund payroll.

Quality coils inc is Existing or more than 2 years old

PPP Loan Search / CT / BRISTOL / Quality coils inc

QUALITY COILS INC

Date Approved

04/09/2020

SBA Office Code

0156

Processing Method

PPP

Borrower Name

QUALITY COILS INC

Borrower Address

748 MIDDLE ST

Borrower City

BRISTOL

Borrower State

CT

Borrower Zip

06010-8417

Loan Status Date

02/16/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1313500.00

Current Approval Amount

1313500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

HARTFORD

Project State

CT

Project Zip

06010-8417

CD

CT-01

Jobs Reported

141

NAICS Code

334416

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

1313500.00

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

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1321165.08

Forgiveness Date

11/20/2020

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