PPP Loan information for Quality restaurants inc

$83,485

Quality restaurants inc was initially approved for PPP Loan of amount $83,485, the current approved amount is $83,485. The loan was approved on 02/11/2021 by The Loan Source Incorporated reported 20 jobs and $83,485 was used to fund payroll.

Quality restaurants inc is Existing or more than 2 years old

QUALITY RESTAURANTS INC

Date Approved

02/11/2021

SBA Office Code

0130

Processing Method

PPS

Borrower Name

QUALITY RESTAURANTS INC

Borrower Address

101 Point Grove Rd

Borrower City

Southwick

Borrower State

MA

Borrower Zip

01077-9596

Loan Status Date

03/19/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

83485.00

Current Approval Amount

83485.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

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

01077-9596

CD

MA-01

Jobs Reported

20

NAICS Code

722511

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

83482.00

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

29599

Originating Lender

Northeast Bank

Originating Lender City

LEWISTON

Originating Lender State

ME

Gender

Female Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

84287.83

Forgiveness Date

02/09/2022

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