PPP Loan information for Quality machine products, inc

$92,800

Quality machine products, inc was initially approved for PPP Loan of amount $92,800, the current approved amount is $92,800. The loan was approved on 01/17/2021 by The Peoples Bank reported 9 jobs and $92,800 was used to fund payroll.

Quality machine products, inc is Existing or more than 2 years old

PPP Loan Search / IA / Rock Valley / Quality machine products, inc

QUALITY MACHINE PRODUCTS, INC

Date Approved

01/17/2021

SBA Office Code

0761

Processing Method

PPS

Borrower Name

QUALITY MACHINE PRODUCTS, INC

Borrower Address

1522 15th St

Borrower City

Rock Valley

Borrower State

IA

Borrower Zip

51247-1102

Loan Status Date

08/13/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

92800.00

Current Approval Amount

92800.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

25196

Servicing Lender Name

Peoples Bank

Servicing Lender Address

1230 Valley Dr

Servicing Lender City

ROCK VALLEY

Servicing Lender State

IA

Servicing Lender Zip

51247-1538

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rock Valley

Project County Name

SIOUX

Project State

IA

Project Zip

51247-1102

CD

IA-04

Jobs Reported

9

NAICS Code

332721

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

92797.00

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

25196

Originating Lender

Peoples Bank

Originating Lender City

ROCK VALLEY

Originating Lender State

IA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

93269.16

Forgiveness Date

07/23/2021

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