PPP Loan information for Quality machine & automation

$61,500

Quality machine & automation was initially approved for PPP Loan of amount $61,500, the current approved amount is $61,500. The loan was approved on 01/20/2021 by The Cache Valley Bank reported 5 jobs and $61,500 was used to fund payroll.

Quality machine & automation is Existing or more than 2 years old

QUALITY MACHINE & AUTOMATION

Date Approved

01/20/2021

SBA Office Code

0883

Processing Method

PPS

Borrower Name

QUALITY MACHINE & AUTOMATION

Borrower Address

445 N 1100 W

Borrower City

Centerville

Borrower State

UT

Borrower Zip

84014-1727

Loan Status Date

09/24/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

61500.00

Current Approval Amount

61500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

72251

Servicing Lender Name

Cache Valley Bank

Servicing Lender Address

101 N Main St

Servicing Lender City

LOGAN

Servicing Lender State

UT

Servicing Lender Zip

84321-4525

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Centerville

Project County Name

DAVIS

Project State

UT

Project Zip

84014-1727

CD

UT-02

Jobs Reported

5

NAICS Code

333517

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

61498.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

72251

Originating Lender

Cache Valley Bank

Originating Lender City

LOGAN

Originating Lender State

UT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

61857.04

Forgiveness Date

08/27/2021

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