PPP Loan information for Quality energy services inc.

$4,448,500

Quality energy services inc. was initially approved for PPP Loan of amount $4,448,500, the current approved amount is $4,448,500. The loan was approved on 04/05/2020 by The b1BANK reported 208 jobs and $4,448,500 was used to fund payroll.

Quality energy services inc. is Existing or more than 2 years old

QUALITY ENERGY SERVICES INC.

Date Approved

04/05/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

QUALITY ENERGY SERVICES INC.

Borrower Address

5342 HIGHWAY 311

Borrower City

HOUMA

Borrower State

LA

Borrower Zip

70360-2880

Loan Status Date

07/22/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

4448500.00

Current Approval Amount

4448500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

437878

Servicing Lender Name

b1BANK

Servicing Lender Address

500 Laurel St, Ste 101

Servicing Lender City

BATON ROUGE

Servicing Lender State

LA

Servicing Lender Zip

70801-1811

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOUMA

Project County Name

TERREBONNE

Project State

LA

Project Zip

70360-2880

CD

LA-01

Jobs Reported

208

NAICS Code

213112

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

46700.00

Payroll Proceed

3800000.00

Mortgage Interest Proceed

0.00

Rent Proceed

101600.00

Refinance EIDL Proceed

0.00

Health Care Proceed

500200.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

437878

Originating Lender

b1BANK

Originating Lender City

BATON ROUGE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

4502994.12

Forgiveness Date

06/29/2021

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