PPP Loan information for Quality appliance, inc.

$76,900

Quality appliance, inc. was initially approved for PPP Loan of amount $76,900, the current approved amount is $76,900. The loan was approved on 04/07/2020 by The The State Bank of Faribault reported 8 jobs and $76,900 was used to fund payroll.

Quality appliance, inc. is Existing or more than 2 years old

PPP Loan Search / MN / FARIBAULT / Quality appliance, inc.

QUALITY APPLIANCE, INC.

Date Approved

04/07/2020

SBA Office Code

0508

Processing Method

PPP

Borrower Name

QUALITY APPLIANCE, INC.

Borrower Address

219 WESTERN AVE

Borrower City

FARIBAULT

Borrower State

MN

Borrower Zip

55021-4501

Loan Status Date

11/06/2020

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

76900.00

Current Approval Amount

76900.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

38055

Servicing Lender Name

The State Bank of Faribault

Servicing Lender Address

428 Central Ave

Servicing Lender City

FARIBAULT

Servicing Lender State

MN

Servicing Lender Zip

55021-5217

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

FARIBAULT

Project County Name

RICE

Project State

MN

Project Zip

55021-4501

CD

MN-01

Jobs Reported

8

NAICS Code

443141

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

0.00

Payroll Proceed

76900.00

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

38055

Originating Lender

The State Bank of Faribault

Originating Lender City

FARIBAULT

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

77327.22

Forgiveness Date

11/02/2020

;