PPP Loan information for Quality plus- dmc inc.

$493,975

Quality plus- dmc inc. was initially approved for PPP Loan of amount $493,975, the current approved amount is $493,975. The loan was approved on 03/12/2021 by The First Merchants Bank reported 155 jobs and $493,975 was used to fund payroll.

Quality plus- dmc inc. is Existing or more than 2 years old

PPP Loan Search / MI / Livonia / Quality plus- dmc inc.

QUALITY PLUS- DMC INC.

Date Approved

03/12/2021

SBA Office Code

0515

Processing Method

PPS

Borrower Name

QUALITY PLUS- DMC INC.

Borrower Address

35572 Veronica St

Borrower City

Livonia

Borrower State

MI

Borrower Zip

48150-1204

Loan Status Date

09/20/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

493975.00

Current Approval Amount

493975.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

24037

Servicing Lender Name

First Merchants Bank

Servicing Lender Address

200 E Jackson St

Servicing Lender City

MUNCIE

Servicing Lender State

IN

Servicing Lender Zip

47305-2835

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Livonia

Project County Name

WAYNE

Project State

MI

Project Zip

48150-1204

CD

MI-12

Jobs Reported

155

NAICS Code

562211

Race

Unanswered

Ethnicity

Unknown/NotStated

Utilities Proceed

1.00

Payroll Proceed

493973.00

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

24037

Originating Lender

First Merchants Bank

Originating Lender City

MUNCIE

Originating Lender State

IN

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

500890.65

Forgiveness Date

08/10/2022

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