PPP Loan information for Quality tool & stamping company

$1,984,300

Quality tool & stamping company was initially approved for PPP Loan of amount $1,984,300, the current approved amount is $1,984,300. The loan was approved on 04/09/2020 by The Comerica Bank reported 152 jobs and $1,984,300 was used to fund payroll.

Quality tool & stamping company is Existing or more than 2 years old

QUALITY TOOL & STAMPING COMPANY

Date Approved

04/09/2020

SBA Office Code

0515

Processing Method

PPP

Borrower Name

QUALITY TOOL & STAMPING COMPANY

Borrower Address

541 East Sherman Blvd

Borrower City

MUSKEGON

Borrower State

MI

Borrower Zip

49444-2277

Loan Status Date

04/14/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1984300.00

Current Approval Amount

1984300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33850

Servicing Lender Name

Comerica Bank

Servicing Lender Address

1717 Main St

Servicing Lender City

DALLAS

Servicing Lender State

TX

Servicing Lender Zip

75201-4612

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

MUSKEGON

Project County Name

MUSKEGON

Project State

MI

Project Zip

49444-2277

CD

MI-02

Jobs Reported

152

NAICS Code

332119

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1587510.00

Mortgage Interest Proceed

396790.00

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

33850

Originating Lender

Comerica Bank

Originating Lender City

DALLAS

Originating Lender State

TX

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

2003261.09

Forgiveness Date

03/31/2021

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