PPP Loan information for Quality industrial products group inc

$16,395

Quality industrial products group inc was initially approved for PPP Loan of amount $16,395, the current approved amount is $16,395. The loan was approved on 04/07/2021 by The Bay State Savings Bank reported 2 jobs and $16,395 was used to fund payroll.

Quality industrial products group inc is Existing or more than 2 years old

QUALITY INDUSTRIAL PRODUCTS GROUP INC

Date Approved

04/07/2021

SBA Office Code

0101

Processing Method

PPS

Borrower Name

QUALITY INDUSTRIAL PRODUCTS GROUP INC

Borrower Address

276 Boston Tpke

Borrower City

Shrewsbury

Borrower State

MA

Borrower Zip

01545-2666

Loan Status Date

09/28/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

16395.00

Current Approval Amount

16395.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33497

Servicing Lender Name

Bay State Savings Bank

Servicing Lender Address

28-32 Franklin St

Servicing Lender City

Worcester

Servicing Lender State

MA

Servicing Lender Zip

01608

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Shrewsbury

Project County Name

WORCESTER

Project State

MA

Project Zip

01545-2666

CD

MA-02

Jobs Reported

2

NAICS Code

423990

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

16395.00

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

Corporation

Originating Lender Location Id

33497

Originating Lender

Bay State Savings Bank

Originating Lender City

Worcester

Originating Lender State

MA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

16450.56

Forgiveness Date

08/17/2021

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