PPP Loan information for Qfc industries inc

$300,208

Qfc industries inc was initially approved for PPP Loan of amount $300,208, the current approved amount is $300,208. The loan was approved on 04/09/2020 by The Veritex Community Bank reported 25 jobs and $300,208 was used to fund payroll.

Qfc industries inc is Existing or more than 2 years old

QFC INDUSTRIES INC

Date Approved

04/09/2020

SBA Office Code

0610

Processing Method

PPP

Borrower Name

QFC INDUSTRIES INC

Borrower Address

3201 E ARKANSAS LANE STE 111

Borrower City

ARLINGTON

Borrower State

TX

Borrower Zip

76010-7002

Loan Status Date

02/06/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

300207.50

Current Approval Amount

300207.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

368915

Servicing Lender Name

Veritex Community Bank

Servicing Lender Address

8214 Westchester Dr Ste 800

Servicing Lender City

Dallas

Servicing Lender State

TX

Servicing Lender Zip

75225

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

ARLINGTON

Project County Name

TARRANT

Project State

TX

Project Zip

76010-7002

CD

TX-33

Jobs Reported

25

NAICS Code

423710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

30020.75

Payroll Proceed

240166.00

Mortgage Interest Proceed

0.00

Rent Proceed

30020.75

Refinance EIDL Proceed

0.00

Health Care Proceed

0.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

368915

Originating Lender

Veritex Community Bank

Originating Lender City

Dallas

Originating Lender State

TX

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

302485.79

Forgiveness Date

01/20/2021

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