Qwaltec, Incorporated

$1,753,142 PPP Loan in Tempe, Arizona

Loan Details

Loan Number
4036507100
Date Approved
Apr 12, 2020
Loan Status
Paid in Full
Initial Approval
$1,753,142
Current Approval
$1,753,142
Forgiveness Amount
$1,772,114
Forgiveness Date
May 24, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Qwaltec, Incorporated
Address
8950 S 52nd St Suite 409
City
Tempe
State
Arizona
ZIP Code
85284-1042
Business Type
Corporation
Industry (NAICS)
Professional, Scientific, and Technical Services (541330)
Business Age
Existing or more than 2 years old
Jobs Reported
95
Estimated Revenue
$11.7M
Rural/Urban
Urban
Congressional District
AZ-04

Loan Use Breakdown

Payroll
$1,444,700
Rent
$64,000
Utilities
$12,750
Health Care
$231,692

Lender Information

Servicing Lender
Loan Source Incorporated
Originating Lender
Pacific Premier Bank

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