PPP Loan information for Quality manufacturing group llc

$119,700

Quality manufacturing group llc was initially approved for PPP Loan of amount $119,700, the current approved amount is $119,700. The loan was approved on 02/02/2021 by The 1st Source Bank reported 16 jobs and $119,700 was used to fund payroll.

Quality manufacturing group llc is Existing or more than 2 years old

QUALITY MANUFACTURING GROUP LLC

Date Approved

02/02/2021

SBA Office Code

0562

Processing Method

PPS

Borrower Name

QUALITY MANUFACTURING GROUP LLC

Borrower Address

3133 N 150 E

Borrower City

La Porte

Borrower State

IN

Borrower Zip

46350-8912

Loan Status Date

10/20/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

119700.00

Current Approval Amount

119700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24195

Servicing Lender Name

1st Source Bank

Servicing Lender Address

100 N Michigan St

Servicing Lender City

SOUTH BEND

Servicing Lender State

IN

Servicing Lender Zip

46601-1630

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

La Porte

Project County Name

LA PORTE

Project State

IN

Project Zip

46350-8912

CD

IN-02

Jobs Reported

16

NAICS Code

333514

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

119698.00

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

Limited Liability Company(LLC)

Originating Lender Location Id

24195

Originating Lender

1st Source Bank

Originating Lender City

SOUTH BEND

Originating Lender State

IN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

120418.20

Forgiveness Date

09/09/2021

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