PPP Loan information for Quality composites inc.

$68,300

Quality composites inc. was initially approved for PPP Loan of amount $68,300, the current approved amount is $68,300. The loan was approved on 04/03/2020 by The NSB Bank reported 7 jobs and $68,300 was used to fund payroll.

Quality composites inc. is Existing or more than 2 years old

QUALITY COMPOSITES INC.

Date Approved

04/03/2020

SBA Office Code

0761

Processing Method

PPP

Borrower Name

QUALITY COMPOSITES INC.

Borrower Address

4979 ORCHID AVE

Borrower City

NORTHWOOD

Borrower State

IA

Borrower Zip

50459-8690

Loan Status Date

12/05/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

68300.00

Current Approval Amount

68300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25313

Servicing Lender Name

NSB Bank

Servicing Lender Address

2650 4th St SW

Servicing Lender City

MASON CITY

Servicing Lender State

IA

Servicing Lender Zip

50401-4651

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

NORTHWOOD

Project County Name

WORTH

Project State

IA

Project Zip

50459-8690

CD

IA-02

Jobs Reported

7

NAICS Code

326140

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

68300.00

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

25313

Originating Lender

NSB Bank

Originating Lender City

MASON CITY

Originating Lender State

IA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

68707.90

Forgiveness Date

11/12/2020

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