PPP Loan information for Qualex machining

$1,698,300

Qualex machining was initially approved for PPP Loan of amount $1,698,300, the current approved amount is $1,698,300. The loan was approved on 04/04/2020 by The Traditional Bank, Inc. reported 184 jobs and $1,698,300 was used to fund payroll.

Qualex machining is Existing or more than 2 years old

PPP Loan Search / KY / RICHMOND / Qualex machining

QUALEX MACHINING

Date Approved

04/04/2020

SBA Office Code

0457

Processing Method

PPP

Borrower Name

QUALEX MACHINING

Borrower Address

1180 BEREA RD

Borrower City

RICHMOND

Borrower State

KY

Borrower Zip

40475-8328

Loan Status Date

01/08/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1698300.00

Current Approval Amount

1698300.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

27631

Servicing Lender Name

Traditional Bank, Inc.

Servicing Lender Address

49 W Main St

Servicing Lender City

MOUNT STERLING

Servicing Lender State

KY

Servicing Lender Zip

40353-1316

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

RICHMOND

Project County Name

MADISON

Project State

KY

Project Zip

40475-8328

CD

KY-06

Jobs Reported

184

NAICS Code

333514

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1698300.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

27631

Originating Lender

Traditional Bank, Inc.

Originating Lender City

MOUNT STERLING

Originating Lender State

KY

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

1709978.72

Forgiveness Date

12/28/2020

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