PPP Loan information for Quality concrete inc.

$770,400

Quality concrete inc. was initially approved for PPP Loan of amount $770,400, the current approved amount is $770,400. The loan was approved on 04/03/2020 by The Cornerstone Bank reported 49 jobs and $770,400 was used to fund payroll.

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

PPP Loan Search / ND / FARGO / Quality concrete inc.

QUALITY CONCRETE INC.

Date Approved

04/03/2020

SBA Office Code

0875

Processing Method

PPP

Borrower Name

QUALITY CONCRETE INC.

Borrower Address

3908 37th ave s

Borrower City

FARGO

Borrower State

ND

Borrower Zip

58104-7380

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

770400.00

Current Approval Amount

770400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

52722

Servicing Lender Name

Cornerstone Bank

Servicing Lender Address

2280 45th St South

Servicing Lender City

FARGO

Servicing Lender State

ND

Servicing Lender Zip

58104-8785

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

FARGO

Project County Name

CASS

Project State

ND

Project Zip

58104-7380

CD

ND-

Jobs Reported

49

NAICS Code

238110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

20400.00

Payroll Proceed

720000.00

Mortgage Interest Proceed

0.00

Rent Proceed

30000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Employee Stock Ownership Plan(ESOP)

Originating Lender Location Id

52722

Originating Lender

Cornerstone Bank

Originating Lender City

FARGO

Originating Lender State

ND

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

774744.20

Forgiveness Date

11/03/2020

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