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Quality Motors Inc.

$62,526 PPP Loan in Algona, Iowa

Loan Details

Loan Number
4005188801
Date Approved
Apr 15, 2021
Loan Status
Paid in Full
Initial Approval
$62,526
Current Approval
$62,526
Forgiveness Amount
$62,637
Forgiveness Date
Jun 23, 2021
Term
60 months
Draw
First Draw

Business Information

Business Name
Quality Motors Inc.
Address
318 Highway 18 E
City
Algona
State
Iowa
ZIP Code
50511-1101
Business Type
Subchapter S Corporation
Industry (NAICS)
Retail Trade (441120)
Business Age
Existing or more than 2 years old
Jobs Reported
10
Estimated Revenue
<$5M
Rural/Urban
Rural
Congressional District
IA-04

Loan Use Breakdown

Payroll
$62,522
Utilities
$1

Lender Information

Servicing Lender
Iowa State Bank
Originating Lender
Iowa State Bank

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