PPP Loan information for Quality restaurant services inc.

$115,210

Quality restaurant services inc. was initially approved for PPP Loan of amount $115,210, the current approved amount is $115,210. The loan was approved on 02/01/2021 by The Live Oak Banking Company reported 16 jobs and $115,210 was used to fund payroll.

Quality restaurant services inc. is Existing or more than 2 years old

QUALITY RESTAURANT SERVICES INC.

Date Approved

02/01/2021

SBA Office Code

0373

Processing Method

PPS

Borrower Name

QUALITY RESTAURANT SERVICES INC.

Borrower Address

7 Basin Dr

Borrower City

North East

Borrower State

MD

Borrower Zip

21901-6204

Loan Status Date

01/12/2022

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

115210.00

Current Approval Amount

115210.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

455644

Servicing Lender Name

Live Oak Banking Company

Servicing Lender Address

1741 Tiburon Dr

Servicing Lender City

WILMINGTON

Servicing Lender State

NC

Servicing Lender Zip

28403-6244

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

North East

Project County Name

CECIL

Project State

MD

Project Zip

21901-6204

CD

MD-01

Jobs Reported

16

NAICS Code

561210

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

115208.00

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

455644

Originating Lender

Live Oak Banking Company

Originating Lender City

WILMINGTON

Originating Lender State

NC

Gender

Unanswered

Veteran

Unanswered

Non Profit

Forgiveness Amount

116055.93

Forgiveness Date

11/05/2021

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