PPP Loan information for Quality cutting & coring inc.

$709,550

Quality cutting & coring inc. was initially approved for PPP Loan of amount $709,550, the current approved amount is $709,550. The loan was approved on 01/21/2021 by The Old National Bank reported 38 jobs and $709,550 was used to fund payroll.

Quality cutting & coring inc. is Existing or more than 2 years old

QUALITY CUTTING & CORING INC.

Date Approved

01/21/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

QUALITY CUTTING & CORING INC.

Borrower Address

1471 91st Ave NE

Borrower City

Blaine

Borrower State

MN

Borrower Zip

55449-4395

Loan Status Date

08/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

709550.00

Current Approval Amount

709550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

21641

Servicing Lender Name

Old National Bank

Servicing Lender Address

One Main St

Servicing Lender City

EVANSVILLE

Servicing Lender State

IN

Servicing Lender Zip

47708-1449

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Blaine

Project County Name

ANOKA

Project State

MN

Project Zip

55449-4395

CD

MN-06

Jobs Reported

38

NAICS Code

238990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

709550.00

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

21641

Originating Lender

Old National Bank

Originating Lender City

EVANSVILLE

Originating Lender State

IN

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

712388.20

Forgiveness Date

06/23/2021

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