PPP Loan information for Quality transport inc

$2,784,500

Quality transport inc was initially approved for PPP Loan of amount $2,784,500, the current approved amount is $2,784,500. The loan was approved on 04/30/2020 by The First American Bank reported 55 jobs and $2,784,500 was used to fund payroll.

Quality transport inc is Existing or more than 2 years old

QUALITY TRANSPORT INC

Date Approved

04/30/2020

SBA Office Code

0682

Processing Method

PPP

Borrower Name

QUALITY TRANSPORT INC

Borrower Address

7 Crawford Ln

Borrower City

JAL

Borrower State

NM

Borrower Zip

88252

Loan Status Date

07/10/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

2784500.00

Current Approval Amount

2784500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

45718

Servicing Lender Name

First American Bank

Servicing Lender Address

303 W Main St

Servicing Lender City

ARTESIA

Servicing Lender State

NM

Servicing Lender Zip

88210-2133

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

JAL

Project County Name

LEA

Project State

NM

Project Zip

88252-0001

CD

NM-02

Jobs Reported

55

NAICS Code

213112

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

2784500.00

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

Subchapter S Corporation

Originating Lender Location Id

45718

Originating Lender

First American Bank

Originating Lender City

ARTESIA

Originating Lender State

NM

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

938717.59

Forgiveness Date

06/15/2021

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