PPP Loan information for Quality motors inc

$58,100

Quality motors inc was initially approved for PPP Loan of amount $58,100, the current approved amount is $58,100. The loan was approved on 04/08/2020 by The First Bank & Trust reported 7 jobs and $58,100 was used to fund payroll.

Quality motors inc is Existing or more than 2 years old

QUALITY MOTORS INC

Date Approved

04/08/2020

SBA Office Code

0876

Processing Method

PPP

Borrower Name

QUALITY MOTORS INC

Borrower Address

401 W CHERRY ST

Borrower City

VERMILLION

Borrower State

SD

Borrower Zip

57069-1111

Loan Status Date

01/09/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

58100.00

Current Approval Amount

58100.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

66463

Servicing Lender Name

First Bank & Trust

Servicing Lender Address

520 6th St

Servicing Lender City

BROOKINGS

Servicing Lender State

SD

Servicing Lender Zip

57006-2028

Rural Urban Indicator

U

Hubzone Indicator

Y

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

VERMILLION

Project County Name

CLAY

Project State

SD

Project Zip

57069-1111

CD

SD-

Jobs Reported

7

NAICS Code

441120

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

0.00

Payroll Proceed

58100.00

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

Corporation

Originating Lender Location Id

66463

Originating Lender

First Bank & Trust

Originating Lender City

BROOKINGS

Originating Lender State

SD

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

58505.09

Forgiveness Date

12/28/2020

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