PPP Loan information for Quality machine & automation

$326,842

Quality machine & automation was initially approved for PPP Loan of amount $326,842, the current approved amount is $326,842. The loan was approved on 04/10/2020 by The Horizon Bank reported 29 jobs and $326,842 was used to fund payroll.

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

PPP Loan Search / MI / HOLLAND / Quality machine & automation

QUALITY MACHINE & AUTOMATION

Date Approved

04/10/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY MACHINE & AUTOMATION

Borrower Address

184 Manufacturers Drive

Borrower City

HOLLAND

Borrower State

MI

Borrower Zip

49424-1893

Loan Status Date

01/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

326842.00

Current Approval Amount

326842.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23955

Servicing Lender Name

Horizon Bank

Servicing Lender Address

515 Franklin Sq

Servicing Lender City

MICHIGAN CITY

Servicing Lender State

IN

Servicing Lender Zip

46360-3328

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

HOLLAND

Project County Name

OTTAWA

Project State

MI

Project Zip

49424-1893

CD

MI-02

Jobs Reported

29

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

261474.00

Mortgage Interest Proceed

32684.00

Rent Proceed

0.00

Refinance EIDL Proceed

32684.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Subchapter S Corporation

Originating Lender Location Id

23955

Originating Lender

Horizon Bank

Originating Lender City

MICHIGAN CITY

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

328982.14

Forgiveness Date

12/30/2020

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