PPP Loan information for Quality systems ac & refrigeration inc

$30,980

Quality systems ac & refrigeration inc was initially approved for PPP Loan of amount $30,980, the current approved amount is $30,980. The loan was approved on 03/01/2021 by The Sterling State Bank reported 4 jobs and $30,980 was used to fund payroll.

Quality systems ac & refrigeration inc is Existing or more than 2 years old

QUALITY SYSTEMS AC & REFRIGERATION INC

Date Approved

03/01/2021

SBA Office Code

0508

Processing Method

PPS

Borrower Name

QUALITY SYSTEMS AC & REFRIGERATION INC

Borrower Address

16857 Welcome Ave SE

Borrower City

Prior Lake

Borrower State

MN

Borrower Zip

55372-3311

Loan Status Date

03/25/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

30979.57

Current Approval Amount

30979.57

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

36611

Servicing Lender Name

Sterling State Bank

Servicing Lender Address

1419 1st Ave SW

Servicing Lender City

AUSTIN

Servicing Lender State

MN

Servicing Lender Zip

55912-1603

Rural Urban Indicator

U

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Prior Lake

Project County Name

SCOTT

Project State

MN

Project Zip

55372-3311

CD

MN-02

Jobs Reported

4

NAICS Code

238220

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

30976.57

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

36611

Originating Lender

Sterling State Bank

Originating Lender City

AUSTIN

Originating Lender State

MN

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

31358.21

Forgiveness Date

05/18/2022

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