PPP Loan information for Quality woodshop inc.

$86,308

Quality woodshop inc. was initially approved for PPP Loan of amount $86,308, the current approved amount is $86,308. The loan was approved on 04/16/2020 by The Uwharrie Bank reported 8 jobs and $86,308 was used to fund payroll.

Quality woodshop inc. is Existing or more than 2 years old

QUALITY WOODSHOP INC.

Date Approved

04/16/2020

SBA Office Code

0460

Processing Method

PPP

Borrower Name

QUALITY WOODSHOP INC.

Borrower Address

118 B N Depot St

Borrower City

Albemarle

Borrower State

NC

Borrower Zip

28001-4813

Loan Status Date

07/30/2021

Loan Status

Paid in Full

Term

24

SBA Guaranty Percentage

100

Initial Approval Amount

86308.00

Current Approval Amount

86308.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

50369

Servicing Lender Name

Uwharrie Bank

Servicing Lender Address

167 N 2nd St

Servicing Lender City

ALBEMARLE

Servicing Lender State

NC

Servicing Lender Zip

28001-4803

Rural Urban Indicator

R

Hubzone Indicator

Y

HLMI Indicator

Y

Business Age Description

Existing or more than 2 years old

Project City

Albemarle

Project County Name

STANLY

Project State

NC

Project Zip

28001-4813

CD

NC-08

Jobs Reported

8

NAICS Code

337110

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

2655.00

Payroll Proceed

82173.00

Mortgage Interest Proceed

0.00

Rent Proceed

800.00

Refinance EIDL Proceed

0.00

Health Care Proceed

680.00

Debt Interest Proceed

0

Business Type

Corporation

Originating Lender Location Id

50369

Originating Lender

Uwharrie Bank

Originating Lender City

ALBEMARLE

Originating Lender State

NC

Gender

Male Owned

Veteran

Unanswered

Non Profit

Forgiveness Amount

87072.78

Forgiveness Date

03/10/2021

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