Date Approved
03/24/2021
SBA Office Code
0165
Processing Method
PPP
Borrower Name
Q MED INNOVATIONS INC.
Borrower Address
41 Long Wharf Mall
Borrower City
Newport
Borrower State
RI
Borrower Zip
02840-2906
Loan Status Date
03/18/2022
Loan Status
Paid in Full
Term
60
SBA Guaranty Percentage
100
Initial Approval Amount
24410.00
Current Approval Amount
Undisbursed Amount
0.00
Franchise Name
Servicing Lender Location Id
65657
Servicing Lender Name
BankNewport
Servicing Lender Address
10 Washington Sq
Servicing Lender City
NEWPORT
Servicing Lender State
Servicing Lender Zip
02840-2948
Rural Urban Indicator
U
Hubzone Indicator
N
HLMI Indicator
Business Age Description
Existing or more than 2 years old
Project City
Project County Name
Project State
Project Zip
CD
RI-01
Jobs Reported
4
NAICS Code
425110
Race
Unanswered
Ethnicity
Unknown/NotStated
Utilities Proceed
Payroll Proceed
24409.00
Mortgage Interest Proceed
Rent Proceed
Refinance EIDL Proceed
Health Care Proceed
Debt Interest Proceed
0
Business Type
Corporation
Originating Lender Location Id
Originating Lender
Originating Lender City
Originating Lender State
Gender
Veteran
Non Profit
Forgiveness Amount
24628.69
Forgiveness Date
02/16/2022