PPP Loan information for Qwaltec, incorporated

$1,753,142

Qwaltec, incorporated was initially approved for PPP Loan of amount $1,753,142, the current approved amount is $1,753,142. The loan was approved on 04/12/2020 by The Loan Source Incorporated reported 95 jobs and $1,753,142 was used to fund payroll.

Qwaltec, incorporated is Existing or more than 2 years old

QWALTEC, INCORPORATED

Date Approved

04/12/2020

SBA Office Code

0988

Processing Method

PPP

Borrower Name

QWALTEC, INCORPORATED

Borrower Address

8950 S 52ND ST Suite 409

Borrower City

TEMPE

Borrower State

AZ

Borrower Zip

85284-1042

Loan Status Date

02/18/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1753142.00

Current Approval Amount

1753142.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

188567

Servicing Lender Name

Loan Source Incorporated

Servicing Lender Address

353 East 83rd Street Suite 3H

Servicing Lender City

NEW YORK

Servicing Lender State

NY

Servicing Lender Zip

10028

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

TEMPE

Project County Name

MARICOPA

Project State

AZ

Project Zip

85284-1042

CD

AZ-04

Jobs Reported

95

NAICS Code

541330

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

12750.00

Payroll Proceed

1444700.00

Mortgage Interest Proceed

0.00

Rent Proceed

64000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

231692.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

90426

Originating Lender

Pacific Premier Bank

Originating Lender City

IRVINE

Originating Lender State

CA

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1772114.36

Forgiveness Date

05/24/2021

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