PPP Loan information for Quality restaurants inc

$70,700

Quality restaurants inc was initially approved for PPP Loan of amount $95,000, the current approved amount is $70,700. The loan was approved on 04/11/2020 by The Berkshire Bank reported 48 jobs and $70,700 was used to fund payroll.

Quality restaurants inc is Existing or more than 2 years old

PPP Loan Search / MA / SOUTHWICK / Quality restaurants inc

QUALITY RESTAURANTS INC

Date Approved

04/11/2020

SBA Office Code

0130

Processing Method

PPP

Borrower Name

QUALITY RESTAURANTS INC

Borrower Address

101 POINTE GROVE RD

Borrower City

SOUTHWICK

Borrower State

MA

Borrower Zip

01077

Loan Status Date

05/25/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

95000.00

Current Approval Amount

70700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33209

Servicing Lender Name

Berkshire Bank

Servicing Lender Address

99 North St

Servicing Lender City

PITTSFIELD

Servicing Lender State

MA

Servicing Lender Zip

01201-5114

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

SOUTHWICK

Project County Name

HAMPDEN

Project State

MA

Project Zip

01077-0001

CD

MA-01

Jobs Reported

48

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

70700.00

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

33209

Originating Lender

Berkshire Bank

Originating Lender City

PITTSFIELD

Originating Lender State

MA

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

71348.89

Forgiveness Date

04/08/2021

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