PPP Loan information for Quality machine work inc.

$308,167

Quality machine work inc. was initially approved for PPP Loan of amount $308,167, the current approved amount is $308,167. The loan was approved on 04/13/2020 by The First American Bank & Trust reported 23 jobs and $308,167 was used to fund payroll.

Quality machine work inc. is Existing or more than 2 years old

PPP Loan Search / LA / PAULINA / Quality machine work inc.

QUALITY MACHINE WORK INC.

Date Approved

04/13/2020

SBA Office Code

0679

Processing Method

PPP

Borrower Name

QUALITY MACHINE WORK INC.

Borrower Address

3451 LA 3125

Borrower City

PAULINA

Borrower State

LA

Borrower Zip

70763-2204

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

308167.00

Current Approval Amount

308167.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

29326

Servicing Lender Name

First American Bank & Trust

Servicing Lender Address

2785 Hwy 20 W

Servicing Lender City

VACHERIE

Servicing Lender State

LA

Servicing Lender Zip

70090

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

PAULINA

Project County Name

SAINT JAMES

Project State

LA

Project Zip

70763-2204

CD

LA-02

Jobs Reported

23

NAICS Code

333120

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

15408.40

Payroll Proceed

246533.60

Mortgage Interest Proceed

46225.00

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

29326

Originating Lender

First American Bank & Trust

Originating Lender City

VACHERIE

Originating Lender State

LA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

310324.17

Forgiveness Date

12/28/2020

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