PPP Loan information for Quality power inc

$138,550

Quality power inc was initially approved for PPP Loan of amount $138,550, the current approved amount is $138,550. The loan was approved on 02/25/2021 by The First Horizon Bank reported 11 jobs and $138,550 was used to fund payroll.

Quality power inc is Existing or more than 2 years old

QUALITY POWER INC

Date Approved

02/25/2021

SBA Office Code

0459

Processing Method

PPS

Borrower Name

QUALITY POWER INC

Borrower Address

200 N Yeager Ct

Borrower City

Pelham

Borrower State

AL

Borrower Zip

35124-4847

Loan Status Date

04/07/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

138550.00

Current Approval Amount

138550.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

67422

Servicing Lender Name

First Horizon Bank

Servicing Lender Address

165 Madison Ave

Servicing Lender City

MEMPHIS

Servicing Lender State

TN

Servicing Lender Zip

38103-2723

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Pelham

Project County Name

SHELBY

Project State

AL

Project Zip

35124-4847

CD

AL-06

Jobs Reported

11

NAICS Code

238210

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

138549.00

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

67422

Originating Lender

First Horizon Bank

Originating Lender City

MEMPHIS

Originating Lender State

TN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

139931.65

Forgiveness Date

03/02/2022

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