PPP Loan information for Quality machine and welding co., inc.

$987,800

Quality machine and welding co., inc. was initially approved for PPP Loan of amount $987,800, the current approved amount is $987,800. The loan was approved on 04/13/2020 by The Pinnacle Bank reported 94 jobs and $987,800 was used to fund payroll.

Quality machine and welding co., inc. is Existing or more than 2 years old

PPP Loan Search / TN / KNOXVILLE / Quality machine and welding co., inc.

QUALITY MACHINE AND WELDING CO., INC.

Date Approved

04/13/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

QUALITY MACHINE AND WELDING CO., INC.

Borrower Address

2008 HOITT AVE

Borrower City

KNOXVILLE

Borrower State

TN

Borrower Zip

37917-5917

Loan Status Date

12/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

987800.00

Current Approval Amount

987800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

203685

Servicing Lender Name

Pinnacle Bank

Servicing Lender Address

150 Third Ave S, Ste 900

Servicing Lender City

NASHVILLE

Servicing Lender State

TN

Servicing Lender Zip

37201-2034

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

KNOXVILLE

Project County Name

KNOX

Project State

TN

Project Zip

37917-5917

CD

TN-02

Jobs Reported

94

NAICS Code

332312

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

987800.00

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

203685

Originating Lender

Pinnacle Bank

Originating Lender City

NASHVILLE

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

993672.67

Forgiveness Date

11/24/2020

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