Quasar Industries INC
$966,270 PPP Loan in Rochester Hills, Michigan
Loan Details
- Loan Number
- 1065357708
- Date Approved
- May 1, 2020
- Loan Status
- Paid in Full
- Initial Approval
- $966,270
- Current Approval
- $966,270
- Forgiveness Amount
- $976,844
- Forgiveness Date
- Jun 8, 2021
- Term
- 24 months
- Draw
- First Draw
Business Information
- Business Name
- Quasar Industries INC
- Address
- 1911 Northfield Dr
- City
- Rochester Hills
- State
- Michigan
- ZIP Code
- 48309
- Business Type
- Subchapter S Corporation
- Industry (NAICS)
- Manufacturing (333511)
- Business Age
- Existing or more than 2 years old
- Jobs Reported
- 67
- Estimated Revenue
- $17.5M
- Rural/Urban
- Urban
- Congressional District
- MI-10
Loan Use Breakdown
- Payroll
- $857,906
- Rent
- $60,000
- Utilities
- $43,586
- Debt Interest
- $4,778
Lender Information
- Servicing Lender
- Jpmorgan Chase Bank, National Association
- Originating Lender
- Jpmorgan Chase Bank, National Association
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