PPP Loan information for Quality coils incorporated

$968,283

Quality coils incorporated was initially approved for PPP Loan of amount $968,283, the current approved amount is $968,283. The loan was approved on 01/20/2021 by The Thomaston Savings Bank reported 122 jobs and $968,283 was used to fund payroll.

Quality coils incorporated is Existing or more than 2 years old

QUALITY COILS INCORPORATED

Date Approved

01/20/2021

SBA Office Code

0156

Processing Method

PPS

Borrower Name

QUALITY COILS INCORPORATED

Borrower Address

748 Middle St

Borrower City

Bristol

Borrower State

CT

Borrower Zip

06010-8417

Loan Status Date

07/07/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

968283.38

Current Approval Amount

968283.38

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

16495

Servicing Lender Name

Thomaston Savings Bank

Servicing Lender Address

203 Main St

Servicing Lender City

THOMASTON

Servicing Lender State

CT

Servicing Lender Zip

06787-1721

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Bristol

Project County Name

HARTFORD

Project State

CT

Project Zip

06010-8417

CD

CT-01

Jobs Reported

122

NAICS Code

335999

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

968281.38

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

Corporation

Originating Lender Location Id

16495

Originating Lender

Thomaston Savings Bank

Originating Lender City

THOMASTON

Originating Lender State

CT

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

971758.59

Forgiveness Date

06/15/2021

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