PPP Loan information for Quality electric company, inc.

$476,318

Quality electric company, inc. was initially approved for PPP Loan of amount $476,318, the current approved amount is $476,318. The loan was approved on 04/14/2020 by The Cadence Bank reported 31 jobs and $476,318 was used to fund payroll.

Quality electric company, inc. is Existing or more than 2 years old

PPP Loan Search / AR / EL DORADO / Quality electric company, inc.

QUALITY ELECTRIC COMPANY, INC.

Date Approved

04/14/2020

SBA Office Code

0669

Processing Method

PPP

Borrower Name

QUALITY ELECTRIC COMPANY, INC.

Borrower Address

101 NICK SPRINGS RD

Borrower City

EL DORADO

Borrower State

AR

Borrower Zip

71730

Loan Status Date

05/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

476317.50

Current Approval Amount

476317.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39848

Servicing Lender Name

Cadence Bank

Servicing Lender Address

201 S Spring St

Servicing Lender City

TUPELO

Servicing Lender State

MS

Servicing Lender Zip

38804-4811

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

EL DORADO

Project County Name

UNION

Project State

AR

Project Zip

71730-0001

CD

AR-04

Jobs Reported

31

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

476317.50

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

39848

Originating Lender

Cadence Bank

Originating Lender City

TUPELO

Originating Lender State

MS

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

480842.52

Forgiveness Date

03/31/2021

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