Quality Transformer & Electronics

$800,000 PPP Loan in Milpitas, California

Loan Details

Loan Number
6473567202
Date Approved
Apr 28, 2020
Loan Status
Paid in Full
Initial Approval
$800,000
Current Approval
$800,000
Forgiveness Amount
$803,945
Forgiveness Date
Nov 3, 2020
Term
24 months
Draw
First Draw

Business Information

Business Name
Quality Transformer & Electronics
Address
963 Ames Ave.
ZIP Code
95035-6326
Business Type
Subchapter S Corporation
Industry (NAICS)
Manufacturing (333613)
Business Age
Existing or more than 2 years old
Jobs Reported
85
Estimated Revenue
$22.3M
Rural/Urban
Urban
Congressional District
CA-17

Loan Use Breakdown

Payroll
$800,000

Lender Information

Servicing Lender
Fremont Bank
Originating Lender
Fremont Bank

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