PPP Loan information for Quality motors inc.

$24,998

Quality motors inc. was initially approved for PPP Loan of amount $24,998, the current approved amount is $24,998. The loan was approved on 02/09/2021 by The Community Bank of Mississippi reported 3 jobs and $24,998 was used to fund payroll.

Quality motors inc. is Existing or more than 2 years old

QUALITY MOTORS INC.

Date Approved

02/09/2021

SBA Office Code

0470

Processing Method

PPS

Borrower Name

QUALITY MOTORS INC.

Borrower Address

159 Pine Knoll Cv 159 Pine Knoll Cove

Borrower City

Brandon

Borrower State

MS

Borrower Zip

39047-8174

Loan Status Date

08/05/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

24997.50

Current Approval Amount

24997.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

39217

Servicing Lender Name

Community Bank of Mississippi

Servicing Lender Address

323 E Third St

Servicing Lender City

Forest

Servicing Lender State

MS

Servicing Lender Zip

39074-0059

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Brandon

Project County Name

RANKIN

Project State

MS

Project Zip

39047-8174

CD

MS-03

Jobs Reported

3

NAICS Code

423110

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

24997.50

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

Subchapter S Corporation

Originating Lender Location Id

39217

Originating Lender

Community Bank of Mississippi

Originating Lender City

Forest

Originating Lender State

MS

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

25334.45

Forgiveness Date

06/30/2022

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