Quantum Electric Corp.

$1,806,468 PPP Loan in Long Island City, New York

Loan Details

Loan Number
2472537705
Date Approved
May 1, 2020
Loan Status
Paid in Full
Initial Approval
$1,806,468
Current Approval
$1,806,468
Forgiveness Amount
$1,825,351
Forgiveness Date
May 21, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quantum Electric Corp.
Address
36 24 34 St
ZIP Code
11106
Business Type
Subchapter S Corporation
Industry (NAICS)
Construction (238210)
Business Age
Existing or more than 2 years old
Jobs Reported
45
Estimated Revenue
$14.8M
Rural/Urban
Urban
Congressional District
NY-14

Loan Use Breakdown

Payroll
$1,742,829
Rent
$52,083
Utilities
$6,233
Health Care
$5,323

Lender Information

Servicing Lender
Jpmorgan Chase Bank, National Association
Originating Lender
Jpmorgan Chase Bank, National Association

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