PPP Loan information for Quality tool works, inc.

$130,700

Quality tool works, inc. was initially approved for PPP Loan of amount $130,700, the current approved amount is $130,700. The loan was approved on 06/16/2020 by The The First Bank and Trust Company reported 14 jobs and $130,700 was used to fund payroll.

Quality tool works, inc. is Existing or more than 2 years old

QUALITY TOOL WORKS, INC.

Date Approved

06/16/2020

SBA Office Code

0474

Processing Method

PPP

Borrower Name

QUALITY TOOL WORKS, INC.

Borrower Address

50 INDUSTRIAL DR

Borrower City

BRISTOL

Borrower State

TN

Borrower Zip

37620-5434

Loan Status Date

02/10/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

130700.00

Current Approval Amount

130700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73510

Servicing Lender Name

The First Bank and Trust Company

Servicing Lender Address

359 W Main St

Servicing Lender City

LEBANON

Servicing Lender State

VA

Servicing Lender Zip

24266

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

BRISTOL

Project County Name

SULLIVAN

Project State

TN

Project Zip

37620-5434

CD

TN-01

Jobs Reported

14

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

130700.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

73510

Originating Lender

The First Bank and Trust Company

Originating Lender City

LEBANON

Originating Lender State

VA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

131415.22

Forgiveness Date

01/07/2021

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