Quality Motors, Inc.

$207,700 PPP Loan in Saint Johnsbury, Vermont

Loan Details

Loan Number
4393267000
Date Approved
Apr 3, 2020
Loan Status
Paid in Full
Initial Approval
$207,700
Current Approval
$207,700
Forgiveness Amount
$209,714
Forgiveness Date
Mar 31, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Motors, Inc.
Address
36 Memorial Dr
State
Vermont
ZIP Code
05819-1239
Business Type
Corporation
Industry (NAICS)
Retail Trade (441110)
Business Age
Existing or more than 2 years old
Jobs Reported
21
Estimated Revenue
$5.3M
Rural/Urban
Rural
Congressional District
VT-

Loan Use Breakdown

Payroll
$155,841
Rent
$40,000
Utilities
$3,262
Health Care
$8,597

Lender Information

Servicing Lender
Passumpsic Savings Bank
Originating Lender
Passumpsic Savings Bank

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