PPP Loan information for Team quality services inc

$1,562,500

Team quality services inc was initially approved for PPP Loan of amount $1,562,500, the current approved amount is $1,562,500. The loan was approved on 02/05/2021 by The 1st Source Bank reported 110 jobs and $1,562,500 was used to fund payroll.

Team quality services inc is Existing or more than 2 years old

TEAM QUALITY SERVICES INC

Date Approved

02/05/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

TEAM QUALITY SERVICES INC

Borrower Address

108 S Jackson St

Borrower City

Auburn

Borrower State

IN

Borrower Zip

46706-2270

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

1562500.00

Current Approval Amount

1562500.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Auburn

Project County Name

DE KALB

Project State

IN

Project Zip

46706-2270

CD

IN-03

Jobs Reported

110

NAICS Code

541614

Race

Unanswered

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

1562496.00

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

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Veteran

Non Profit

Forgiveness Amount

1572569.44

Forgiveness Date

09/29/2021

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