PPP Loan information for Quality machine & tool inc

$89,400

Quality machine & tool inc was initially approved for PPP Loan of amount $89,400, the current approved amount is $89,400. The loan was approved on 04/08/2020 by The First State Bank of Middlebury reported 8 jobs and $89,400 was used to fund payroll.

Quality machine & tool inc is Existing or more than 2 years old

QUALITY MACHINE & TOOL INC

Date Approved

04/08/2020

SBA Office Code

0562

Processing Method

PPP

Borrower Name

QUALITY MACHINE & TOOL INC

Borrower Address

924 E. LINCOLN AVE

Borrower City

GOSHEN

Borrower State

IN

Borrower Zip

46528-3504

Loan Status Date

02/24/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

89400.00

Current Approval Amount

89400.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23975

Servicing Lender Name

First State Bank of Middlebury

Servicing Lender Address

111 S Main St

Servicing Lender City

MIDDLEBURY

Servicing Lender State

IN

Servicing Lender Zip

46540

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

GOSHEN

Project County Name

ELKHART

Project State

IN

Project Zip

46528-3504

CD

IN-02

Jobs Reported

8

NAICS Code

332710

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

67050.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

22350

Business Type

Corporation

Originating Lender Location Id

23975

Originating Lender

First State Bank of Middlebury

Originating Lender City

MIDDLEBURY

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

90100.30

Forgiveness Date

01/25/2021

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