PPP Loan information for Quality machine & tool works inc

$757,303

Quality machine & tool works inc was initially approved for PPP Loan of amount $757,303, the current approved amount is $757,303. The loan was approved on 01/29/2021 by The German American Bank reported 70 jobs and $757,303 was used to fund payroll.

Quality machine & tool works inc is Existing or more than 2 years old

QUALITY MACHINE & TOOL WORKS INC

Date Approved

01/29/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

QUALITY MACHINE & TOOL WORKS INC

Borrower Address

1201 Michigan Ave

Borrower City

Columbus

Borrower State

IN

Borrower Zip

47201-5635

Loan Status Date

09/16/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

757302.50

Current Approval Amount

757302.50

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

23790

Servicing Lender Name

German American Bank

Servicing Lender Address

711 Main St

Servicing Lender City

JASPER

Servicing Lender State

IN

Servicing Lender Zip

47546-3042

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Columbus

Project County Name

BARTHOLOMEW

Project State

IN

Project Zip

47201-5635

CD

IN-06

Jobs Reported

70

NAICS Code

333515

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

757298.50

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

Partnership

Originating Lender Location Id

23790

Originating Lender

German American Bank

Originating Lender City

JASPER

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

761057.89

Forgiveness Date

08/04/2021

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