PPP Loan information for Quality electric inc.

$145,500

Quality electric inc. was initially approved for PPP Loan of amount $145,500, the current approved amount is $145,500. The loan was approved on 04/15/2020 by The Crossroads Bank reported 13 jobs and $145,500 was used to fund payroll.

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

QUALITY ELECTRIC INC.

Date Approved

04/15/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

QUALITY ELECTRIC INC.

Borrower Address

429 SUPERIOR ST

Borrower City

WABASH

Borrower State

IN

Borrower Zip

46992-1445

Loan Status Date

08/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

145500.00

Current Approval Amount

145500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

84342

Servicing Lender Name

Crossroads Bank

Servicing Lender Address

1205 N Cass St

Servicing Lender City

WABASH

Servicing Lender State

IN

Servicing Lender Zip

46992-1027

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

WABASH

Project County Name

WABASH

Project State

IN

Project Zip

46992-1445

CD

IN-02

Jobs Reported

13

NAICS Code

238210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

145500.00

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

Subchapter S Corporation

Originating Lender Location Id

84342

Originating Lender

Crossroads Bank

Originating Lender City

WABASH

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

147387.46

Forgiveness Date

08/05/2021

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