PPP Loan information for Quality electrical systems, inc

$1,602,335

Quality electrical systems, inc was initially approved for PPP Loan of amount $1,602,335, the current approved amount is $1,602,335. The loan was approved on 04/28/2020 by The U.S. Bank, National Association reported 145 jobs and $1,602,335 was used to fund payroll.

Quality electrical systems, inc is Unanswered

QUALITY ELECTRICAL SYSTEMS, INC

Date Approved

04/28/2020

SBA Office Code

0883

Processing Method

PPP

Borrower Name

QUALITY ELECTRICAL SYSTEMS, INC

Borrower Address

646 W 9th Ave

Borrower City

MIDVALE

Borrower State

UT

Borrower Zip

84047

Loan Status Date

06/18/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

1602335.00

Current Approval Amount

1602335.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

53803

Servicing Lender Name

U.S. Bank, National Association

Servicing Lender Address

425 Walnut St

Servicing Lender City

CINCINNATI

Servicing Lender State

OH

Servicing Lender Zip

45202-3956

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Unanswered

Project City

MIDVALE

Project County Name

SALT LAKE

Project State

UT

Project Zip

84047-0001

CD

UT-04

Jobs Reported

145

NAICS Code

335122

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

1602335.00

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

53803

Originating Lender

U.S. Bank, National Association

Originating Lender City

CINCINNATI

Originating Lender State

OH

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

1619560.10

Forgiveness Date

05/27/2021

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