PPP Loan information for Quantum controls inc.

$288,565

Quantum controls inc. was initially approved for PPP Loan of amount $288,565, the current approved amount is $288,565. The loan was approved on 05/22/2020 by The Security Bank & Trust Company reported 29 jobs and $288,565 was used to fund payroll.

Quantum controls inc. is Existing or more than 2 years old

QUANTUM CONTROLS INC.

Date Approved

05/22/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

QUANTUM CONTROLS INC.

Borrower Address

1691 LAKE DR W

Borrower City

CHANHASSEN

Borrower State

MN

Borrower Zip

55317-8583

Loan Status Date

11/18/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

288564.71

Current Approval Amount

288564.71

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38117

Servicing Lender Name

Security Bank & Trust Company

Servicing Lender Address

735 11th St E

Servicing Lender City

GLENCOE

Servicing Lender State

MN

Servicing Lender Zip

55336-2220

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

CHANHASSEN

Project County Name

CARVER

Project State

MN

Project Zip

55317-8583

CD

MN-06

Jobs Reported

29

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

263000.00

Mortgage Interest Proceed

0.00

Rent Proceed

0.00

Refinance EIDL Proceed

0.00

Health Care Proceed

25564.71

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

38117

Originating Lender

Security Bank & Trust Company

Originating Lender City

GLENCOE

Originating Lender State

MN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

289895.31

Forgiveness Date

11/12/2020

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