PPP Loan information for Quality companies inc

$193,745

Quality companies inc was initially approved for PPP Loan of amount $193,745, the current approved amount is $193,745. The loan was approved on 02/10/2021 by The Farmers and Merchants Bank reported 24 jobs and $193,745 was used to fund payroll.

Quality companies inc is Existing or more than 2 years old

QUALITY COMPANIES INC

Date Approved

02/10/2021

SBA Office Code

0405

Processing Method

PPS

Borrower Name

QUALITY COMPANIES INC

Borrower Address

4609 Bemiss Rd

Borrower City

Valdosta

Borrower State

GA

Borrower Zip

31605-6053

Loan Status Date

10/06/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

193745.27

Current Approval Amount

193745.27

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

19521

Servicing Lender Name

Farmers and Merchants Bank

Servicing Lender Address

4 N Carter St

Servicing Lender City

LAKELAND

Servicing Lender State

GA

Servicing Lender Zip

31635-5678

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Valdosta

Project County Name

LOWNDES

Project State

GA

Project Zip

31605-6053

CD

GA-08

Jobs Reported

24

NAICS Code

238910

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

193742.27

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

Subchapter S Corporation

Originating Lender Location Id

19521

Originating Lender

Farmers and Merchants Bank

Originating Lender City

LAKELAND

Originating Lender State

GA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

194913.12

Forgiveness Date

09/17/2021

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