PPP Loan information for Quasar industries inc

$971,370

Quasar industries inc was initially approved for PPP Loan of amount $971,370, the current approved amount is $971,370. The loan was approved on 04/08/2021 by The JPMorgan Chase Bank, National Association reported 49 jobs and $971,370 was used to fund payroll.

Quasar industries inc is Existing or more than 2 years old

PPP Loan Search / MI / Rochester Hills / Quasar industries inc

QUASAR INDUSTRIES INC

Date Approved

04/08/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

QUASAR INDUSTRIES INC

Borrower Address

1911 Northfield Dr

Borrower City

Rochester Hills

Borrower State

MI

Borrower Zip

48309-3824

Loan Status Date

04/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

971370.00

Current Approval Amount

971370.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

48270

Servicing Lender Name

JPMorgan Chase Bank, National Association

Servicing Lender Address

1111 Polaris Pkwy

Servicing Lender City

COLUMBUS

Servicing Lender State

OH

Servicing Lender Zip

43240-2031

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Rochester Hills

Project County Name

OAKLAND

Project State

MI

Project Zip

48309-3824

CD

MI-10

Jobs Reported

49

NAICS Code

332999

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

971365.00

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

48270

Originating Lender

JPMorgan Chase Bank, National Association

Originating Lender City

COLUMBUS

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

981656.27

Forgiveness Date

05/04/2022

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