PPP Loan information for Quality engineering associates inc

$129,890

Quality engineering associates inc was initially approved for PPP Loan of amount $129,890, the current approved amount is $129,890. The loan was approved on 01/25/2021 by The Bank of America, National Association reported 7 jobs and $129,890 was used to fund payroll.

Quality engineering associates inc is Existing or more than 2 years old

QUALITY ENGINEERING ASSOCIATES INC

Date Approved

01/25/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

QUALITY ENGINEERING ASSOCIATES INC

Borrower Address

755 Middlesex Tpke Ste 3

Borrower City

Billerica

Borrower State

MA

Borrower Zip

01821-3949

Loan Status Date

10/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

129890.00

Current Approval Amount

129890.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Billerica

Project County Name

MIDDLESEX

Project State

MA

Project Zip

01821-3949

CD

MA-03

Jobs Reported

7

NAICS Code

334516

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

129887.00

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

Partnership

Originating Lender Location Id

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

130633.75

Forgiveness Date

09/01/2021

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