PPP Loan information for Quarion technology inc

$50,833

Quarion technology inc was initially approved for PPP Loan of amount $50,833, the current approved amount is $50,833. The loan was approved on 01/31/2021 by The German American Bank reported 3 jobs and $50,833 was used to fund payroll.

Quarion technology inc is Existing or more than 2 years old

QUARION TECHNOLOGY INC

Date Approved

01/31/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

QUARION TECHNOLOGY INC

Borrower Address

1722 Bullocktown Rd

Borrower City

Boonville

Borrower State

IN

Borrower Zip

47601-9020

Loan Status Date

01/11/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

50832.50

Current Approval Amount

50832.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Boonville

Project County Name

WARRICK

Project State

IN

Project Zip

47601-9020

CD

IN-08

Jobs Reported

3

NAICS Code

541420

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

50830.50

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

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

51265.62

Forgiveness Date

12/14/2021

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