PPP Loan information for Quality contracting inc.

$488,000

Quality contracting inc. was initially approved for PPP Loan of amount $488,000, the current approved amount is $488,000. The loan was approved on 04/06/2020 by The Webster Five Cents Savings Bank reported 41 jobs and $488,000 was used to fund payroll.

Quality contracting inc. is Existing or more than 2 years old

QUALITY CONTRACTING INC.

Date Approved

04/06/2020

SBA Office Code

0101

Processing Method

PPP

Borrower Name

QUALITY CONTRACTING INC.

Borrower Address

534 CAMBRIDGE ST

Borrower City

WORCESTER

Borrower State

MA

Borrower Zip

01610-2646

Loan Status Date

08/12/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

488000.00

Current Approval Amount

488000.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

33428

Servicing Lender Name

Webster Five Cents Savings Bank

Servicing Lender Address

136 Thompson Rd

Servicing Lender City

WEBSTER

Servicing Lender State

MA

Servicing Lender Zip

01570-1416

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

WORCESTER

Project County Name

WORCESTER

Project State

MA

Project Zip

01610-2646

CD

MA-02

Jobs Reported

41

NAICS Code

236118

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

488000.00

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

33428

Originating Lender

Webster Five Cents Savings Bank

Originating Lender City

WEBSTER

Originating Lender State

MA

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

494059.33

Forgiveness Date

07/08/2021

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