PPP Loan information for Quality motors, inc.

$207,700

Quality motors, inc. was initially approved for PPP Loan of amount $207,700, the current approved amount is $207,700. The loan was approved on 04/03/2020 by The Passumpsic Savings Bank reported 21 jobs and $207,700 was used to fund payroll.

Quality motors, inc. is Existing or more than 2 years old

PPP Loan Search / VT / SAINT JOHNSBURY / Quality motors, inc.

QUALITY MOTORS, INC.

Date Approved

04/03/2020

SBA Office Code

0150

Processing Method

PPP

Borrower Name

QUALITY MOTORS, INC.

Borrower Address

36 MEMORIAL DR

Borrower City

SAINT JOHNSBURY

Borrower State

VT

Borrower Zip

05819-1239

Loan Status Date

03/08/2022

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

207700.00

Current Approval Amount

207700.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

73045

Servicing Lender Name

Passumpsic Savings Bank

Servicing Lender Address

497 Railroad St

Servicing Lender City

SAINT JOHNSBURY

Servicing Lender State

VT

Servicing Lender Zip

05819-1643

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

SAINT JOHNSBURY

Project County Name

CALEDONIA

Project State

VT

Project Zip

05819-1239

CD

VT-

Jobs Reported

21

NAICS Code

441110

Race

White

Ethnicity

Unknown/NotStated

Utilities Proceed

3262.00

Payroll Proceed

155841.00

Mortgage Interest Proceed

0.00

Rent Proceed

40000.00

Refinance EIDL Proceed

0.00

Health Care Proceed

8597.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

73045

Originating Lender

Passumpsic Savings Bank

Originating Lender City

SAINT JOHNSBURY

Originating Lender State

VT

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

209714.41

Forgiveness Date

03/31/2021

;