PPP Loan information for Qualmax supplies inc.

$238,966

Qualmax supplies inc. was initially approved for PPP Loan of amount $391,837, the current approved amount is $238,966. The loan was approved on 05/01/2020 by The Bank of America, National Association reported 29 jobs and $238,966 was used to fund payroll.

Qualmax supplies inc. is New Business or 2 years or less

PPP Loan Search / NJ / Carteret / Qualmax supplies inc.

QUALMAX SUPPLIES INC.

Date Approved

05/01/2020

SBA Office Code

0299

Processing Method

PPP

Borrower Name

QUALMAX SUPPLIES INC.

Borrower Address

60 Grant Ave

Borrower City

Carteret

Borrower State

NJ

Borrower Zip

07008

Loan Status Date

03/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

391837.00

Current Approval Amount

238966.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

9551

Servicing Lender Name

Bank of America, National Association

Servicing Lender Address

100 N Tryon St, Ste 170

Servicing Lender City

CHARLOTTE

Servicing Lender State

NC

Servicing Lender Zip

28202-4024

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

New Business or 2 years or less

Project City

Carteret

Project County Name

MIDDLESEX

Project State

NJ

Project Zip

07008-0001

CD

NJ-06

Jobs Reported

29

NAICS Code

423850

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

238966.00

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

9551

Originating Lender

Bank of America, National Association

Originating Lender City

CHARLOTTE

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

230170.42

Forgiveness Date

11/24/2020

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