PPP Loan information for Qualtech industries inc.

$87,922

Qualtech industries inc. was initially approved for PPP Loan of amount $87,922, the current approved amount is $87,922. The loan was approved on 01/29/2021 by The First National Bank of Pennsylvania reported 5 jobs and $87,922 was used to fund payroll.

Qualtech industries inc. is Existing or more than 2 years old

QUALTECH INDUSTRIES INC.

Date Approved

01/29/2021

SBA Office Code

0460

Processing Method

PPS

Borrower Name

QUALTECH INDUSTRIES INC.

Borrower Address

311 Industrial Dr

Borrower City

Kings Mountain

Borrower State

NC

Borrower Zip

28086-3888

Loan Status Date

11/23/2021

Loan Status

Paid in Full

Term

60

SBA Guaranty Percentage

100

Initial Approval Amount

87922.00

Current Approval Amount

87922.00

Undisbursed Amount

0.00

Franchise Name

Servicing Lender Location Id

60275

Servicing Lender Name

First National Bank of Pennsylvania

Servicing Lender Address

166 Main St

Servicing Lender City

GREENVILLE

Servicing Lender State

PA

Servicing Lender Zip

16125-2146

Rural Urban Indicator

R

Hubzone Indicator

N

HLMI Indicator

N

Business Age Description

Existing or more than 2 years old

Project City

Kings Mountain

Project County Name

CLEVELAND

Project State

NC

Project Zip

28086-3888

CD

NC-10

Jobs Reported

5

NAICS Code

332710

Race

White

Ethnicity

Not Hispanic or Latino

Utilities Proceed

1.00

Payroll Proceed

87920.00

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

60275

Originating Lender

First National Bank of Pennsylvania

Originating Lender City

GREENVILLE

Originating Lender State

PA

Gender

Male Owned

Veteran

Non-Veteran

Non Profit

Forgiveness Amount

88566.76

Forgiveness Date

10/26/2021

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