PPP Loan information for Quality engineering company

$178,672

Quality engineering company was initially approved for PPP Loan of amount $178,672, the current approved amount is $178,672. The loan was approved on 05/01/2020 by The JPMorgan Chase Bank, National Association reported 12 jobs and $178,672 was used to fund payroll.

Quality engineering company is Existing or more than 2 years old

QUALITY ENGINEERING COMPANY

Date Approved

05/01/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY ENGINEERING COMPANY

Borrower Address

30194 S WIXOM RD

Borrower City

WIXOM

Borrower State

MI

Borrower Zip

48393

Loan Status Date

08/21/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

178672.00

Current Approval Amount

178672.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WIXOM

Project County Name

OAKLAND

Project State

MI

Project Zip

48393-0001

CD

MI-11

Jobs Reported

12

NAICS Code

541330

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1500.00

Payroll Proceed

136000.00

Mortgage Interest Proceed

0.00

Rent Proceed

38500.00

Refinance EIDL Proceed

0.00

Health Care Proceed

2672.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

180778.05

Forgiveness Date

07/09/2021

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