PPP Loan information for Quality heat treating

$350,000

Quality heat treating was initially approved for PPP Loan of amount $350,000, the current approved amount is $350,000. The loan was approved on 02/01/2021 by The Mechanics Bank reported 44 jobs and $350,000 was used to fund payroll.

Quality heat treating is Existing or more than 2 years old

QUALITY HEAT TREATING

Date Approved

02/01/2021

SBA Office Code

0914

Processing Method

PPS

Borrower Name

QUALITY HEAT TREATING

Borrower Address

3305 Burton Ave

Borrower City

Burbank

Borrower State

CA

Borrower Zip

91504-3106

Loan Status Date

08/18/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

350000.00

Current Approval Amount

350000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

6042

Servicing Lender Name

Mechanics Bank

Servicing Lender Address

1111 Civic Dr

Servicing Lender City

WALNUT CREEK

Servicing Lender State

CA

Servicing Lender Zip

94596-3895

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Burbank

Project County Name

LOS ANGELES

Project State

CA

Project Zip

91504-3106

CD

CA-30

Jobs Reported

44

NAICS Code

332811

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

349999.00

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

6042

Originating Lender

Mechanics Bank

Originating Lender City

WALNUT CREEK

Originating Lender State

CA

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

351526.39

Forgiveness Date

07/12/2021

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